PPP Loan information for Tig distributing inc.

$381,721

Tig distributing inc. was initially approved for PPP Loan of amount $381,721, the current approved amount is $381,721. The loan was approved on 01/31/2021 by The GNB Bank reported 30 jobs and $381,721 was used to fund payroll.

Tig distributing inc. is Existing or more than 2 years old

TIG DISTRIBUTING INC.

Date Approved

01/31/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TIG DISTRIBUTING INC.

Borrower Address

1702 Rex Ryden Road

Borrower City

Marshalltown

Borrower State

IA

Borrower Zip

50158

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

381721.00

Current Approval Amount

381721.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25057

Servicing Lender Name

GNB Bank

Servicing Lender Address

529 G Ave

Servicing Lender City

GRUNDY CENTER

Servicing Lender State

IA

Servicing Lender Zip

50638-1651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Marshalltown

Project County Name

MARSHALL

Project State

IA

Project Zip

50158

CD

IA-01

Jobs Reported

30

NAICS Code

424910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

381719.00

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

25057

Originating Lender

GNB Bank

Originating Lender City

GRUNDY CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

383396.33

Forgiveness Date

07/14/2021

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