PPP Loan information for Indian rubber company, inc.

$550,000

Indian rubber company, inc. was initially approved for PPP Loan of amount $550,000, the current approved amount is $550,000. The loan was approved on 04/06/2020 by The Frost Bank reported 65 jobs and $550,000 was used to fund payroll.

Indian rubber company, inc. is Existing or more than 2 years old

INDIAN RUBBER COMPANY, INC.

Date Approved

04/06/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

INDIAN RUBBER COMPANY, INC.

Borrower Address

432 W FORK DR

Borrower City

ARLINGTON

Borrower State

TX

Borrower Zip

76012-3449

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550000.00

Current Approval Amount

550000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON

Project County Name

TARRANT

Project State

TX

Project Zip

76012-3449

CD

TX-25

Jobs Reported

65

NAICS Code

339999

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

550000.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

556132.88

Forgiveness Date

06/01/2021

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