PPP Loan information for Tannin corp

$490,700

Tannin corp was initially approved for PPP Loan of amount $490,700, the current approved amount is $490,700. The loan was approved on 02/05/2021 by The Citibank, N.A. reported 27 jobs and $490,700 was used to fund payroll.

Tannin corp is Existing or more than 2 years old

TANNIN CORP

Date Approved

02/05/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

TANNIN CORP

Borrower Address

65 Walnut St

Borrower City

Peabody

Borrower State

MA

Borrower Zip

01960-0075

Loan Status Date

03/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

490700.00

Current Approval Amount

490700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

49274

Servicing Lender Name

Citibank, N.A.

Servicing Lender Address

5800 S. Corporate Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Peabody

Project County Name

ESSEX

Project State

MA

Project Zip

01960-0075

CD

MA-06

Jobs Reported

27

NAICS Code

424690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

490697.00

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

49274

Originating Lender

Citibank, N.A.

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

495429.80

Forgiveness Date

01/31/2022

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