PPP Loan information for Tao industries, inc.

$459,400

Tao industries, inc. was initially approved for PPP Loan of amount $459,400, the current approved amount is $459,400. The loan was approved on 04/13/2020 by The WestStar Bank reported 62 jobs and $459,400 was used to fund payroll.

Tao industries, inc. is Existing or more than 2 years old

TAO INDUSTRIES, INC.

Date Approved

04/13/2020

SBA Office Code

0677

Processing Method

PPP

Borrower Name

TAO INDUSTRIES, INC.

Borrower Address

12779 AZOGUE AVE

Borrower City

EL PASO

Borrower State

TX

Borrower Zip

79938-8034

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

459400.00

Current Approval Amount

459400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113154

Servicing Lender Name

WestStar Bank

Servicing Lender Address

500 N Mesa St

Servicing Lender City

EL PASO

Servicing Lender State

TX

Servicing Lender Zip

79901-1224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EL PASO

Project County Name

EL PASO

Project State

TX

Project Zip

79938-8034

CD

TX-23

Jobs Reported

62

NAICS Code

238110

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

459400.00

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

113154

Originating Lender

WestStar Bank

Originating Lender City

EL PASO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

464121.61

Forgiveness Date

05/05/2021

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