PPP Loan information for Teal automotive, inc

$382,100

Teal automotive, inc was initially approved for PPP Loan of amount $382,100, the current approved amount is $382,100. The loan was approved on 04/27/2020 by The Northwest Bank reported 41 jobs and $382,100 was used to fund payroll.

Teal automotive, inc is Existing or more than 2 years old

TEAL AUTOMOTIVE, INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

TEAL AUTOMOTIVE, INC

Borrower Address

450 Industrial Dr.

Borrower City

Dunkirk

Borrower State

IN

Borrower Zip

47336-9607

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

382100.00

Current Approval Amount

382100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dunkirk

Project County Name

JAY

Project State

IN

Project Zip

47336-9607

CD

IN-03

Jobs Reported

41

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

382100.00

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

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

385251.02

Forgiveness Date

03/09/2021

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