PPP Loan information for Titan oil tools inc

$303,700

Titan oil tools inc was initially approved for PPP Loan of amount $303,700, the current approved amount is $303,700. The loan was approved on 04/09/2020 by The First State Bank reported 17 jobs and $303,700 was used to fund payroll.

Titan oil tools inc is Existing or more than 2 years old

TITAN OIL TOOLS INC

Date Approved

04/09/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

TITAN OIL TOOLS INC

Borrower Address

22489 ST HWY 76

Borrower City

RATLIFF CITY

Borrower State

OK

Borrower Zip

73481-8066

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

303700.00

Current Approval Amount

303700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69976

Servicing Lender Name

First State Bank

Servicing Lender Address

801 E California St

Servicing Lender City

GAINESVILLE

Servicing Lender State

TX

Servicing Lender Zip

76240-4276

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RATLIFF CITY

Project County Name

CARTER

Project State

OK

Project Zip

73481-8066

CD

OK-04

Jobs Reported

17

NAICS Code

211120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

303700.00

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

69976

Originating Lender

First State Bank

Originating Lender City

GAINESVILLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

305597.08

Forgiveness Date

12/02/2020

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