Tri City, Inc.

$10,000,000 PPP Loan in Sugar Land, Texas

Loan Details

Loan Number
6174677004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,115,556
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tri City, Inc.
Address
4415 Highway 6
State
Texas
ZIP Code
77478-4476
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Burger King
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$88.8M
Rural/Urban
Urban
Congressional District
TX-22

Loan Use Breakdown

Payroll
$7,500,000
Rent
$1,250,000
Utilities
$1,250,000

Lender Information

Servicing Lender
Wallis Bank
Originating Lender
Wallis Bank

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