PPP Loan information for Tornado inc

$621,634

Tornado inc was initially approved for PPP Loan of amount $621,634, the current approved amount is $621,634. The loan was approved on 01/19/2021 by The Settlers Bank reported 54 jobs and $621,634 was used to fund payroll.

Tornado inc is Existing or more than 2 years old

PPP Loan Search / WI / Madison / Tornado inc

TORNADO INC

Date Approved

01/19/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

TORNADO INC

Borrower Address

116 S Hamilton St

Borrower City

Madison

Borrower State

WI

Borrower Zip

53703-3210

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

621634.16

Current Approval Amount

621634.16

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

452244

Servicing Lender Name

Settlers Bank

Servicing Lender Address

4021 Meridian Dr

Servicing Lender City

DE FOREST

Servicing Lender State

WI

Servicing Lender Zip

53598-9698

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison

Project County Name

DANE

Project State

WI

Project Zip

53703-3210

CD

WI-02

Jobs Reported

54

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

621629.16

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

452244

Originating Lender

Settlers Bank

Originating Lender City

DE FOREST

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

625312.87

Forgiveness Date

08/26/2021

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