PPP Loan information for Tier-rack corporation

$690,830

Tier-rack corporation was initially approved for PPP Loan of amount $690,830, the current approved amount is $690,830. The loan was approved on 04/08/2020 by The Royal Banks of Missouri reported 69 jobs and $690,830 was used to fund payroll.

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

PPP Loan Search / MO / BALLWIN / Tier-rack corporation

TIER-RACK CORPORATION

Date Approved

04/08/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

TIER-RACK CORPORATION

Borrower Address

425 SOVEREIGN CT

Borrower City

BALLWIN

Borrower State

MO

Borrower Zip

63011-4432

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

690830.00

Current Approval Amount

690830.00

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

69

NAICS Code

331221

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

650830.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

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

694667.94

Forgiveness Date

11/03/2020

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