PPP Loan information for Trax group inc.

$1,965,010

Trax group inc. was initially approved for PPP Loan of amount $1,965,010, the current approved amount is $1,965,010. The loan was approved on 06/17/2020 by The Regions Bank reported 112 jobs and $1,965,010 was used to fund payroll.

Trax group inc. is New Business or 2 years or less

PPP Loan Search / TX / Austin / Trax group inc.

TRAX GROUP INC.

Date Approved

06/17/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

TRAX GROUP INC.

Borrower Address

12708 Riata Vista Cir\r\nSte A 104

Borrower City

Austin

Borrower State

TX

Borrower Zip

78727

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1965010.00

Current Approval Amount

1965010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Austin

Project County Name

TRAVIS

Project State

TX

Project Zip

78727-0001

CD

TX-37

Jobs Reported

112

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1965010.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1983852.56

Forgiveness Date

06/11/2021

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