PPP Loan information for Tms belt tech inc

$90,500

Tms belt tech inc was initially approved for PPP Loan of amount $90,500, the current approved amount is $90,500. The loan was approved on 04/11/2020 by The First Community Bank reported 8 jobs and $90,500 was used to fund payroll.

Tms belt tech inc is Existing or more than 2 years old

TMS BELT TECH INC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

TMS BELT TECH INC

Borrower Address

2094 BF Buchanan Hwy

Borrower City

Tazewell

Borrower State

VA

Borrower Zip

24651

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90500.00

Current Approval Amount

90500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tazewell

Project County Name

TAZEWELL

Project State

VA

Project Zip

24651-0001

CD

VA-09

Jobs Reported

8

NAICS Code

326220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22625.00

Payroll Proceed

67875.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

91169.45

Forgiveness Date

01/13/2021

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