PPP Loan information for Twin city appliance inc

$107,787

Twin city appliance inc was initially approved for PPP Loan of amount $107,787, the current approved amount is $107,787. The loan was approved on 04/09/2021 by The Loan Source Incorporated reported 9 jobs and $107,787 was used to fund payroll.

Twin city appliance inc is Existing or more than 2 years old

TWIN CITY APPLIANCE INC

Date Approved

04/09/2021

SBA Office Code

0679

Processing Method

PPP

Borrower Name

TWIN CITY APPLIANCE INC

Borrower Address

5037 Flournoy Lucas Rd

Borrower City

Shreveport

Borrower State

LA

Borrower Zip

71129-5114

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107787.00

Current Approval Amount

107787.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shreveport

Project County Name

CADDO

Project State

LA

Project Zip

71129-5114

CD

LA-04

Jobs Reported

9

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

107784.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108522.31

Forgiveness Date

12/22/2021

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