PPP Loan information for Teachout & associates, inc.

$31,710

Teachout & associates, inc. was initially approved for PPP Loan of amount $31,710, the current approved amount is $31,710. The loan was approved on 04/14/2020 by The Southern Michigan Bank & Trust reported 3 jobs and $31,710 was used to fund payroll.

Teachout & associates, inc. is Existing or more than 2 years old

TEACHOUT & ASSOCIATES, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TEACHOUT & ASSOCIATES, INC.

Borrower Address

1887 M 66

Borrower City

ATHENS

Borrower State

MI

Borrower Zip

49011-9322

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31710.00

Current Approval Amount

31710.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATHENS

Project County Name

CALHOUN

Project State

MI

Project Zip

49011-9322

CD

MI-05

Jobs Reported

3

NAICS Code

237110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31710.00

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

Subchapter S Corporation

Originating Lender Location Id

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

31995.82

Forgiveness Date

03/17/2021

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