PPP Loan information for Teakdecking systems inc

$1,285,000

Teakdecking systems inc was initially approved for PPP Loan of amount $1,285,000, the current approved amount is $1,285,000. The loan was approved on 04/16/2020 by The Cadence Bank reported 111 jobs and $1,285,000 was used to fund payroll.

Teakdecking systems inc is Existing or more than 2 years old

PPP Loan Search / FL / SARASOTA / Teakdecking systems inc

TEAKDECKING SYSTEMS INC

Date Approved

04/16/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

TEAKDECKING SYSTEMS INC

Borrower Address

7061 15TH ST EAST

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34243-3243

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1285000.00

Current Approval Amount

1285000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

MANATEE

Project State

FL

Project Zip

34243-3243

CD

FL-16

Jobs Reported

111

NAICS Code

311999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

1250000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1293066.94

Forgiveness Date

12/17/2020

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