PPP Loan information for Terminal supply, inc.

$2,460,600

Terminal supply, inc. was initially approved for PPP Loan of amount $2,460,600, the current approved amount is $2,460,600. The loan was approved on 04/10/2020 by The CIBC Bank USA reported 240 jobs and $2,460,600 was used to fund payroll.

Terminal supply, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Terminal supply, inc.

TERMINAL SUPPLY, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TERMINAL SUPPLY, INC.

Borrower Address

1800 Thunderbird St.

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2460600.00

Current Approval Amount

2460600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-0001

CD

MI-11

Jobs Reported

240

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2460600.00

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

Subchapter S Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2496531.50

Forgiveness Date

10/04/2021

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