PPP Loan information for Tri-co electric motors, inc.

$15,300

Tri-co electric motors, inc. was initially approved for PPP Loan of amount $15,300, the current approved amount is $15,300. The loan was approved on 04/27/2020 by The The Farmers & Merchants Bank reported 2 jobs and $15,300 was used to fund payroll.

Tri-co electric motors, inc. is Existing or more than 2 years old

TRI-CO ELECTRIC MOTORS, INC.

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

TRI-CO ELECTRIC MOTORS, INC.

Borrower Address

512 east 2nd

Borrower City

STUTTGART

Borrower State

AR

Borrower Zip

72160

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15300.00

Current Approval Amount

15300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4784

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

708 S Main St

Servicing Lender City

STUTTGART

Servicing Lender State

AR

Servicing Lender Zip

72160-4806

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STUTTGART

Project County Name

ARKANSAS

Project State

AR

Project Zip

72160-0001

CD

AR-01

Jobs Reported

2

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15300.00

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

4784

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

STUTTGART

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15400.60

Forgiveness Date

12/31/2020

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