PPP Loan information for Taurus tool, inc

$115,800

Taurus tool, inc was initially approved for PPP Loan of amount $115,800, the current approved amount is $115,800. The loan was approved on 04/08/2020 by The Falcon National Bank reported 8 jobs and $115,800 was used to fund payroll.

Taurus tool, inc is Existing or more than 2 years old

PPP Loan Search / MN / MAPLE GROVE / Taurus tool, inc

TAURUS TOOL, INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TAURUS TOOL, INC

Borrower Address

9443 DEERWOOD LANE

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115800.00

Current Approval Amount

115800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-0001

CD

MN-03

Jobs Reported

8

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3800.00

Payroll Proceed

100000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116513.52

Forgiveness Date

02/10/2021

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