PPP Loan information for Tornado bus co

$2,000,000

Tornado bus co was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/18/2021 by The Prosperity Bank reported 274 jobs and $2,000,000 was used to fund payroll.

Tornado bus co is Existing or more than 2 years old

PPP Loan Search / TX / Dallas / Tornado bus co

TORNADO BUS CO

Date Approved

02/18/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

TORNADO BUS CO

Borrower Address

8630 E R L Thornton Fwy

Borrower City

Dallas

Borrower State

TX

Borrower Zip

75228-7112

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dallas

Project County Name

DALLAS

Project State

TX

Project Zip

75228-7112

CD

TX-32

Jobs Reported

274

NAICS Code

485510

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2015726.03

Forgiveness Date

12/07/2021

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