Tier-Rack Corporation

$690,830 PPP Loan in Ballwin, Missouri

Loan Details

Loan Number
8054227003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$690,830
Current Approval
$690,830
Forgiveness Amount
$694,668
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Tier-Rack Corporation
Address
425 Sovereign Ct
ZIP Code
63011-4432
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331221)
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$18.1M
Rural/Urban
Urban
Congressional District
MO-02

Loan Use Breakdown

Payroll
$650,830
Rent
$20,000
Utilities
$20,000

Lender Information

Servicing Lender
Royal Banks of Missouri
Originating Lender
Royal Banks of Missouri

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