PPP Loan information for Tenco industries inc.

$872,500

Tenco industries inc. was initially approved for PPP Loan of amount $872,500, the current approved amount is $872,500. The loan was approved on 04/15/2020 by The South Ottumwa Savings Bank reported 152 jobs and $872,500 was used to fund payroll.

Tenco industries inc. is Existing or more than 2 years old

PPP Loan Search / IA / OTTUMWA / Tenco industries inc.

TENCO INDUSTRIES INC.

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TENCO INDUSTRIES INC.

Borrower Address

710 GATEWAY DR

Borrower City

OTTUMWA

Borrower State

IA

Borrower Zip

52501-2204

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

872500.00

Current Approval Amount

872500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25361

Servicing Lender Name

South Ottumwa Savings Bank

Servicing Lender Address

320 Church St

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-4211

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OTTUMWA

Project County Name

WAPELLO

Project State

IA

Project Zip

52501-2204

CD

IA-03

Jobs Reported

152

NAICS Code

623210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

872500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

25361

Originating Lender

South Ottumwa Savings Bank

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

857203.58

Forgiveness Date

11/10/2020

;