PPP Loan information for Tropical warehouses, inc

$97,600

Tropical warehouses, inc was initially approved for PPP Loan of amount $97,600, the current approved amount is $97,600. The loan was approved on 04/15/2020 by The Independent Bank reported 10 jobs and $97,600 was used to fund payroll.

Tropical warehouses, inc is Existing or more than 2 years old

TROPICAL WAREHOUSES, INC

Date Approved

04/15/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

TROPICAL WAREHOUSES, INC

Borrower Address

1239 Porter Rd

Borrower City

Flower Mound

Borrower State

TX

Borrower Zip

75022-6299

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97600.00

Current Approval Amount

97600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Flower Mound

Project County Name

DENTON

Project State

TX

Project Zip

75022-6299

CD

TX-26

Jobs Reported

10

NAICS Code

112511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

16266.00

Payroll Proceed

81334.00

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

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

98513.64

Forgiveness Date

04/01/2021

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