PPP Loan information for Textile management systems inc.

$533,332

Textile management systems inc. was initially approved for PPP Loan of amount $533,332, the current approved amount is $533,332. The loan was approved on 01/22/2021 by The Regions Bank reported 34 jobs and $533,332 was used to fund payroll.

Textile management systems inc. is Existing or more than 2 years old

TEXTILE MANAGEMENT SYSTEMS INC.

Date Approved

01/22/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

TEXTILE MANAGEMENT SYSTEMS INC.

Borrower Address

10 Timberlane Dr

Borrower City

Hammond

Borrower State

LA

Borrower Zip

70403-3442

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

533332.00

Current Approval Amount

533332.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hammond

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70403-3442

CD

LA-05

Jobs Reported

34

NAICS Code

518210

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

533327.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

536064.41

Forgiveness Date

08/04/2021

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