PPP Loan information for Twin city mineral coporation

$596,000

Twin city mineral coporation was initially approved for PPP Loan of amount $596,000, the current approved amount is $596,000. The loan was approved on 04/08/2020 by The Fortress Bank reported 29 jobs and $596,000 was used to fund payroll.

Twin city mineral coporation is Existing or more than 2 years old

TWIN CITY MINERAL COPORATION

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

TWIN CITY MINERAL COPORATION

Borrower Address

5401 VICTORIA AVE

Borrower City

DAVENPORT

Borrower State

IA

Borrower Zip

52807-2939

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

596000.00

Current Approval Amount

596000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21621

Servicing Lender Name

Fortress Bank

Servicing Lender Address

9000 N Knoxville Ave

Servicing Lender City

PEORIA

Servicing Lender State

IL

Servicing Lender Zip

61615-1412

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAVENPORT

Project County Name

SCOTT

Project State

IA

Project Zip

52807-2939

CD

IA-01

Jobs Reported

29

NAICS Code

212312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

485000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

71000

Business Type

Subchapter S Corporation

Originating Lender Location Id

21621

Originating Lender

Fortress Bank

Originating Lender City

PEORIA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

599652.30

Forgiveness Date

12/08/2020

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