PPP Loan information for Traco machine inc.

$142,588

Traco machine inc. was initially approved for PPP Loan of amount $142,588, the current approved amount is $142,588. The loan was approved on 01/30/2021 by The The National Bank of Andrews reported 10 jobs and $142,588 was used to fund payroll.

Traco machine inc. is Existing or more than 2 years old

PPP Loan Search / TX / Midland / Traco machine inc.

TRACO MACHINE INC.

Date Approved

01/30/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

TRACO MACHINE INC.

Borrower Address

3705 S County Road 1210 Unit A

Borrower City

Midland

Borrower State

TX

Borrower Zip

79706-6261

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142587.50

Current Approval Amount

142587.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68986

Servicing Lender Name

The National Bank of Andrews

Servicing Lender Address

1501 N Main St

Servicing Lender City

ANDREWS

Servicing Lender State

TX

Servicing Lender Zip

79714-3665

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Midland

Project County Name

MIDLAND

Project State

TX

Project Zip

79706-6261

CD

TX-11

Jobs Reported

10

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

142585.50

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

68986

Originating Lender

The National Bank of Andrews

Originating Lender City

ANDREWS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

143645.02

Forgiveness Date

11/03/2021

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