PPP Loan information for Tornado bus company

$2,142,600

Tornado bus company was initially approved for PPP Loan of amount $2,142,600, the current approved amount is $2,142,600. The loan was approved on 04/10/2020 by The Prosperity Bank reported 280 jobs and $2,142,600 was used to fund payroll.

Tornado bus company is Existing or more than 2 years old

PPP Loan Search / TX / DALLAS / Tornado bus company

TORNADO BUS COMPANY

Date Approved

04/10/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

TORNADO BUS COMPANY

Borrower Address

8630 E. R L THORNTON FWY

Borrower City

DALLAS

Borrower State

TX

Borrower Zip

75228-7112

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2142600.00

Current Approval Amount

2142600.00

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

280

NAICS Code

485510

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2142600.00

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

2170130.94

Forgiveness Date

07/29/2021

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