PPP Loan information for Tm & ac inc

$96,075

Tm & ac inc was initially approved for PPP Loan of amount $96,075, the current approved amount is $96,075. The loan was approved on 04/07/2020 by The MidWestOne Bank reported 21 jobs and $96,075 was used to fund payroll.

Tm & ac inc is Existing or more than 2 years old

TM & AC INC

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

TM & AC INC

Borrower Address

3604 UNIVERSITY DR

Borrower City

MUSCATINE

Borrower State

IA

Borrower Zip

52761-9605

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96075.00

Current Approval Amount

96075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCATINE

Project County Name

MUSCATINE

Project State

IA

Project Zip

52761-9605

CD

IA-01

Jobs Reported

21

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9607.50

Payroll Proceed

76860.00

Mortgage Interest Proceed

9607.50

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

97153.18

Forgiveness Date

05/27/2021

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