PPP Loan information for Tandem power inc.

$65,758

Tandem power inc. was initially approved for PPP Loan of amount $65,758, the current approved amount is $65,758. The loan was approved on 02/09/2021 by The The Farmers & Merchants Bank reported 8 jobs and $65,758 was used to fund payroll.

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

TANDEM POWER INC.

Date Approved

02/09/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

TANDEM POWER INC.

Borrower Address

1830 S Whitehead Dr

Borrower City

De Witt

Borrower State

AR

Borrower Zip

72042-2912

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65758.00

Current Approval Amount

65758.00

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

72042-2912

CD

AR-01

Jobs Reported

8

NAICS Code

334419

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

65758.00

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

66309.29

Forgiveness Date

12/16/2021

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