PPP Loan information for Iron horse tools

$3,429,570

Iron horse tools was initially approved for PPP Loan of amount $3,429,570, the current approved amount is $3,429,570. The loan was approved on 04/09/2020 by The Texas Champion Bank reported 155 jobs and $3,429,570 was used to fund payroll.

Iron horse tools is Existing or more than 2 years old

PPP Loan Search / TX / CORPUS CHRISTI / Iron horse tools

IRON HORSE TOOLS

Date Approved

04/09/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

IRON HORSE TOOLS

Borrower Address

311 SARATOGA BLVD

Borrower City

CORPUS CHRISTI

Borrower State

TX

Borrower Zip

78417-3506

Loan Status Date

11/11/2021

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

3429570.00

Current Approval Amount

3429570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71853

Servicing Lender Name

Texas Champion Bank

Servicing Lender Address

6124 S Staples

Servicing Lender City

CORPUS CHRISTI

Servicing Lender State

TX

Servicing Lender Zip

78413-2904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORPUS CHRISTI

Project County Name

NUECES

Project State

TX

Project Zip

78417-3506

CD

TX-27

Jobs Reported

155

NAICS Code

213111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3429570.00

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

71853

Originating Lender

Texas Champion Bank

Originating Lender City

CORPUS CHRISTI

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1514653.01

Forgiveness Date

10/18/2021

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