PPP Loan information for Towing & recovery specialists inc

$185,500

Towing & recovery specialists inc was initially approved for PPP Loan of amount $185,500, the current approved amount is $185,500. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 14 jobs and $185,500 was used to fund payroll.

Towing & recovery specialists inc is Existing or more than 2 years old

TOWING & RECOVERY SPECIALISTS INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

TOWING & RECOVERY SPECIALISTS INC

Borrower Address

910 Industrial Dr

Borrower City

BISMARCK

Borrower State

ND

Borrower Zip

58501-3311

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185500.00

Current Approval Amount

185500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BISMARCK

Project County Name

BURLEIGH

Project State

ND

Project Zip

58501-3311

CD

ND-

Jobs Reported

14

NAICS Code

488410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

185500.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176670.00

Forgiveness Date

12/10/2020

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