PPP Loan information for Tau technologies

$1,060,610

Tau technologies was initially approved for PPP Loan of amount $1,060,610, the current approved amount is $1,060,610. The loan was approved on 04/07/2020 by The PNC Bank, National Association reported 56 jobs and $1,060,610 was used to fund payroll.

Tau technologies is Existing or more than 2 years old

TAU TECHNOLOGIES

Date Approved

04/07/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

TAU TECHNOLOGIES

Borrower Address

1601 Randolph Rd

Borrower City

ALBUQUERQUE

Borrower State

NM

Borrower Zip

87106-4276

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1060610.00

Current Approval Amount

1060610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBUQUERQUE

Project County Name

BERNALILLO

Project State

NM

Project Zip

87106-4276

CD

NM-01

Jobs Reported

56

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

132576.25

Payroll Proceed

795457.50

Mortgage Interest Proceed

132576.25

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1069212.73

Forgiveness Date

01/27/2021

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