PPP Loan information for Whip industries, inc.

$979,152

Whip industries, inc. was initially approved for PPP Loan of amount $979,152, the current approved amount is $979,152. The loan was approved on 04/15/2020 by The Ciera Bank reported 108 jobs and $979,152 was used to fund payroll.

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

WHIP INDUSTRIES, INC.

Date Approved

04/15/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

WHIP INDUSTRIES, INC.

Borrower Address

3010 S MAIN

Borrower City

FORT WORTH

Borrower State

TX

Borrower Zip

76110-4227

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

979152.48

Current Approval Amount

979152.48

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70047

Servicing Lender Name

Ciera Bank

Servicing Lender Address

623 Elm St

Servicing Lender City

GRAHAM

Servicing Lender State

TX

Servicing Lender Zip

76450-3088

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FORT WORTH

Project County Name

TARRANT

Project State

TX

Project Zip

76110-4227

CD

TX-33

Jobs Reported

108

NAICS Code

332322

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

122394.06

Payroll Proceed

734364.36

Mortgage Interest Proceed

122394.06

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

70047

Originating Lender

Ciera Bank

Originating Lender City

GRAHAM

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

984490.87

Forgiveness Date

11/03/2020

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