PPP Loan information for Tube forgings of america inc

$2,000,000

Tube forgings of america inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/25/2021 by The Heritage Bank reported 108 jobs and $2,000,000 was used to fund payroll.

Tube forgings of america inc is Existing or more than 2 years old

PPP Loan Search / OR / Portland / Tube forgings of america inc

TUBE FORGINGS OF AMERICA INC

Date Approved

01/25/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

TUBE FORGINGS OF AMERICA INC

Borrower Address

2020 SW 4th Ave Ste 600

Borrower City

Portland

Borrower State

OR

Borrower Zip

97201-4960

Loan Status Date

02/05/2022

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

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97201-4960

CD

OR-01

Jobs Reported

108

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

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

Cooperative

Originating Lender Location Id

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2019890.41

Forgiveness Date

01/31/2022

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