PPP Loan information for Falls tech, inc.

$1,777,261

Falls tech, inc. was initially approved for PPP Loan of amount $1,852,000, the current approved amount is $1,777,261. The loan was approved on 04/03/2020 by The Prosperity Bank reported 129 jobs and $1,777,261 was used to fund payroll.

Falls tech, inc. is Existing or more than 2 years old

PPP Loan Search / TX / WICHITA FALLS / Falls tech, inc.

FALLS TECH, INC.

Date Approved

04/03/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

FALLS TECH, INC.

Borrower Address

2700 Commerce

Borrower City

WICHITA FALLS

Borrower State

TX

Borrower Zip

76301-8051

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1852000.00

Current Approval Amount

1777261.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WICHITA FALLS

Project County Name

WICHITA

Project State

TX

Project Zip

76301-8051

CD

TX-13

Jobs Reported

129

NAICS Code

423450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1777261.00

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

Subchapter S Corporation

Originating Lender Location Id

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1787529.62

Forgiveness Date

11/05/2020

;