PPP Loan information for Trace industries, inc.

$112,500

Trace industries, inc. was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/29/2020 by The BNA Bank reported 20 jobs and $112,500 was used to fund payroll.

Trace industries, inc. is Existing or more than 2 years old

PPP Loan Search / MS / HOUSTON / Trace industries, inc.

TRACE INDUSTRIES, INC.

Date Approved

04/29/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TRACE INDUSTRIES, INC.

Borrower Address

500 2ND AVE

Borrower City

HOUSTON

Borrower State

MS

Borrower Zip

38851-1334

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39647

Servicing Lender Name

BNA Bank

Servicing Lender Address

133 E Bankhead St

Servicing Lender City

NEW ALBANY

Servicing Lender State

MS

Servicing Lender Zip

38652-3933

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

CHICKASAW

Project State

MS

Project Zip

38851-1334

CD

MS-01

Jobs Reported

20

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22500.00

Payroll Proceed

90000.00

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

39647

Originating Lender

BNA Bank

Originating Lender City

NEW ALBANY

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113360.56

Forgiveness Date

02/10/2021

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