PPP Loan information for Tropical distributors inc

$87,250

Tropical distributors inc was initially approved for PPP Loan of amount $87,250, the current approved amount is $87,250. The loan was approved on 05/27/2020 by The The Huntington National Bank reported 9 jobs and $87,250 was used to fund payroll.

Tropical distributors inc is Existing or more than 2 years old

PPP Loan Search / MI / White Lake / Tropical distributors inc

TROPICAL DISTRIBUTORS INC

Date Approved

05/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TROPICAL DISTRIBUTORS INC

Borrower Address

4020 Ormond Rd

Borrower City

White Lake

Borrower State

MI

Borrower Zip

48383

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87250.00

Current Approval Amount

87250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Lake

Project County Name

OAKLAND

Project State

MI

Project Zip

48383-0899

CD

MI-09

Jobs Reported

9

NAICS Code

424930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

87250.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

88275.49

Forgiveness Date

08/05/2021

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