PPP Loan information for Tier power systems inc

$384,300

Tier power systems inc was initially approved for PPP Loan of amount $384,300, the current approved amount is $384,300. The loan was approved on 04/07/2020 by The First United Bank and Trust Company reported 32 jobs and $384,300 was used to fund payroll.

Tier power systems inc is Existing or more than 2 years old

PPP Loan Search / AZ / TEMPE / Tier power systems inc

TIER POWER SYSTEMS INC

Date Approved

04/07/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

TIER POWER SYSTEMS INC

Borrower Address

2910 HARDY DR

Borrower City

TEMPE

Borrower State

AZ

Borrower Zip

85282-3356

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

384300.00

Current Approval Amount

384300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TEMPE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85282-3356

CD

AZ-04

Jobs Reported

32

NAICS Code

335313

Race

American Indian or Alaska Native

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

384300.00

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

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

387469.16

Forgiveness Date

02/18/2021

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