PPP Loan information for Tucs equipment inc.

$425,520

Tucs equipment inc. was initially approved for PPP Loan of amount $425,520, the current approved amount is $425,520. The loan was approved on 05/18/2021 by The Falcon National Bank reported 42 jobs and $425,520 was used to fund payroll.

Tucs equipment inc. is Existing or more than 2 years old

PPP Loan Search / MN / Princeton / Tucs equipment inc.

TUCS EQUIPMENT INC.

Date Approved

05/18/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TUCS EQUIPMENT INC.

Borrower Address

755 S Old Highway 18

Borrower City

Princeton

Borrower State

MN

Borrower Zip

55371-2132

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

425520.00

Current Approval Amount

425520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

MILLE LACS

Project State

MN

Project Zip

55371-2132

CD

MN-08

Jobs Reported

42

NAICS Code

333241

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

425516.00

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

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

428702.66

Forgiveness Date

02/25/2022

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