PPP Loan information for Tag auto inc.

$151,000

Tag auto inc. was initially approved for PPP Loan of amount $151,000, the current approved amount is $151,000. The loan was approved on 04/27/2020 by The Prosperity Bank reported 8 jobs and $151,000 was used to fund payroll.

Tag auto inc. is Existing or more than 2 years old

TAG AUTO INC.

Date Approved

04/27/2020

SBA Office Code

0678

Processing Method

PPP

Borrower Name

TAG AUTO INC.

Borrower Address

5317 LOOP 250 NORTH

Borrower City

MIDLAND

Borrower State

TX

Borrower Zip

79707-4111

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

151000.00

Current Approval Amount

151000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLAND

Project County Name

MIDLAND

Project State

TX

Project Zip

79707-4111

CD

TX-11

Jobs Reported

8

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

151000.00

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

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

141877.33

Forgiveness Date

12/09/2020

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