PPP Loan information for Tb ventures, inc

$175,000

Tb ventures, inc was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 04/07/2020 by The Merchants Bank, National Association reported 62 jobs and $175,000 was used to fund payroll.

Tb ventures, inc is New Business or 2 years or less

TB VENTURES, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TB VENTURES, INC

Borrower Address

11485 AVERY DR

Borrower City

INVER GROVE HEIGHTS

Borrower State

MN

Borrower Zip

55077-5483

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Little Caesars

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

INVER GROVE HEIGHTS

Project County Name

DAKOTA

Project State

MN

Project Zip

55077-5483

CD

MN-02

Jobs Reported

62

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

140000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176288.19

Forgiveness Date

01/08/2021

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