PPP Loan information for Iron horse tools
$3,429,570
Iron horse tools was initially approved for PPP Loan of amount $3,429,570, the current approved amount is $3,429,570. The loan was approved on 04/09/2020 by The Texas Champion Bank reported 155 jobs and $3,429,570 was used to fund payroll.
Iron horse tools is Existing or more than 2 years old
IRON HORSE TOOLS
Date Approved
04/09/2020
SBA Office Code
0639
Processing Method
PPP
Borrower Name
IRON HORSE TOOLS
Borrower Address
311 SARATOGA BLVD
Borrower City
CORPUS CHRISTI
Borrower State
TX
Borrower Zip
78417-3506
Loan Status Date
11/11/2021
Loan Status
Charged Off
Term
5
SBA Guaranty Percentage
100
Initial Approval Amount
3429570.00
Current Approval Amount
3429570.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
71853
Servicing Lender Name
Texas Champion Bank
Servicing Lender Address
6124 S Staples
Servicing Lender City
CORPUS CHRISTI
Servicing Lender State
TX
Servicing Lender Zip
78413-2904
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
CORPUS CHRISTI
Project County Name
NUECES
Project State
TX
Project Zip
78417-3506
CD
TX-27
Jobs Reported
155
NAICS Code
213111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
0.00
Payroll Proceed
3429570.00
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
Limited Liability Company(LLC)
Originating Lender Location Id
71853
Originating Lender
Texas Champion Bank
Originating Lender City
CORPUS CHRISTI
Originating Lender State
TX
Gender
Unanswered
Veteran
Unanswered
Non Profit
Forgiveness Amount
1514653.01
Forgiveness Date
10/18/2021