PPP Loan information for Traco manufacturing inc

$947,737

Traco manufacturing inc was initially approved for PPP Loan of amount $947,737, the current approved amount is $947,737. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 102 jobs and $947,737 was used to fund payroll.

Traco manufacturing inc is New Business or 2 years or less

PPP Loan Search / UT / OREM / Traco manufacturing inc

TRACO MANUFACTURING INC

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

TRACO MANUFACTURING INC

Borrower Address

620 S 1325 W

Borrower City

OREM

Borrower State

UT

Borrower Zip

84058-4987

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

947737.00

Current Approval Amount

947737.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OREM

Project County Name

UTAH

Project State

UT

Project Zip

84058-4987

CD

UT-03

Jobs Reported

102

NAICS Code

333993

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

947737.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

955033.28

Forgiveness Date

02/11/2021

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