PPP Loan information for Tandem power, inc.

$68,300

Tandem power, inc. was initially approved for PPP Loan of amount $68,300, the current approved amount is $68,300. The loan was approved on 04/27/2020 by The The Farmers & Merchants Bank reported 8 jobs and $68,300 was used to fund payroll.

Tandem power, inc. is Existing or more than 2 years old

PPP Loan Search / AR / De Witt / Tandem power, inc.

TANDEM POWER, INC.

Date Approved

04/27/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

TANDEM POWER, INC.

Borrower Address

1830 S Whitehead Dr

Borrower City

De Witt

Borrower State

AR

Borrower Zip

72042

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68300.00

Current Approval Amount

68300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4784

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

708 S Main St

Servicing Lender City

STUTTGART

Servicing Lender State

AR

Servicing Lender Zip

72160-4806

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

De Witt

Project County Name

ARKANSAS

Project State

AR

Project Zip

72042-0001

CD

AR-01

Jobs Reported

8

NAICS Code

334419

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68300.00

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

Corporation

Originating Lender Location Id

4784

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

STUTTGART

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

68691.09

Forgiveness Date

11/25/2020

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