PPP Loan information for Tier-rack corporation

$655,110

Tier-rack corporation was initially approved for PPP Loan of amount $655,110, the current approved amount is $655,110. The loan was approved on 02/03/2021 by The Royal Banks of Missouri reported 68 jobs and $655,110 was used to fund payroll.

Tier-rack corporation is Existing or more than 2 years old

TIER-RACK CORPORATION

Date Approved

02/03/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

TIER-RACK CORPORATION

Borrower Address

425 Sovereign Ct

Borrower City

Ballwin

Borrower State

MO

Borrower Zip

63011-4432

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

655110.00

Current Approval Amount

655110.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41706

Servicing Lender Name

Royal Banks of Missouri

Servicing Lender Address

8021 Olive Blvd

Servicing Lender City

UNIVERSITY CITY

Servicing Lender State

MO

Servicing Lender Zip

63130-2022

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ballwin

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63011-4432

CD

MO-02

Jobs Reported

68

NAICS Code

332999

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

655110.00

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

41706

Originating Lender

Royal Banks of Missouri

Originating Lender City

UNIVERSITY CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

657912.42

Forgiveness Date

07/16/2021

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