PPP Loan information for Short bit & tool co

$171,823

Short bit & tool co was initially approved for PPP Loan of amount $171,823, the current approved amount is $171,823. The loan was approved on 04/09/2020 by The Inwood National Bank reported 9 jobs and $171,823 was used to fund payroll.

Short bit & tool co is Existing or more than 2 years old

SHORT BIT & TOOL CO

Date Approved

04/09/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

SHORT BIT & TOOL CO

Borrower Address

225 GOLD ST

Borrower City

GARLAND

Borrower State

TX

Borrower Zip

75042-6642

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171823.12

Current Approval Amount

171823.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69380

Servicing Lender Name

Inwood National Bank

Servicing Lender Address

7621 Inwood Rd

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75209-4021

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARLAND

Project County Name

DALLAS

Project State

TX

Project Zip

75042-6642

CD

TX-05

Jobs Reported

9

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171823.12

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

69380

Originating Lender

Inwood National Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

173329.51

Forgiveness Date

03/09/2021

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