PPP Loan information for Dual tech, inc

$301,142

Dual tech, inc was initially approved for PPP Loan of amount $301,142, the current approved amount is $301,142. The loan was approved on 04/08/2020 by The First Horizon Bank reported 40 jobs and $301,142 was used to fund payroll.

Dual tech, inc is Existing or more than 2 years old

PPP Loan Search / TN / BEAN STATION / Dual tech, inc

DUAL TECH, INC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

DUAL TECH, INC

Borrower Address

321 Industrial Drive

Borrower City

BEAN STATION

Borrower State

TN

Borrower Zip

37708-6241

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301142.00

Current Approval Amount

301142.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEAN STATION

Project County Name

GRAINGER

Project State

TN

Project Zip

37708-6241

CD

TN-02

Jobs Reported

40

NAICS Code

336211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13595.00

Payroll Proceed

271747.00

Mortgage Interest Proceed

0.00

Rent Proceed

13800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

303417.30

Forgiveness Date

01/25/2021

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