PPP Loan information for Iot-eq, llc

$601,676

Iot-eq, llc was initially approved for PPP Loan of amount $601,676, the current approved amount is $601,676. The loan was approved on 04/28/2020 by The Simmons Bank reported 50 jobs and $601,676 was used to fund payroll.

Iot-eq, llc is Existing or more than 2 years old

IOT-EQ, LLC

Date Approved

04/28/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

IOT-EQ, LLC

Borrower Address

8902 FM 2920 RD

Borrower City

SPRING

Borrower State

TX

Borrower Zip

77379-2460

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

601676.00

Current Approval Amount

601676.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING

Project County Name

HARRIS

Project State

TX

Project Zip

77379-2460

CD

TX-02

Jobs Reported

50

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

601676.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

345066.05

Forgiveness Date

04/22/2021

;