Traffic Systems, Inc.

$942,500 PPP Loan in Dickinson, Texas

Loan Details

Loan Number
5403487006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$942,500
Current Approval
$942,500
Forgiveness Amount
$950,040
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Traffic Systems, Inc.
Address
520 Fm 646 Rd
State
Texas
ZIP Code
77539-7489
Business Type
Corporation
Industry (NAICS)
Construction (237310)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$23.6M
Rural/Urban
Urban
Congressional District
TX-14

Loan Use Breakdown

Payroll
$913,247
Rent
$12,000
Utilities
$9,700
Debt Interest
$7,553

Lender Information

Servicing Lender
Texas First Bank
Originating Lender
Texas First Bank

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