PPP Loan information for Teamag, inc.

$316,400

Teamag, inc. was initially approved for PPP Loan of amount $316,400, the current approved amount is $316,400. The loan was approved on 04/14/2020 by The Truist Bank reported 26 jobs and $316,400 was used to fund payroll.

Teamag, inc. is Existing or more than 2 years old

PPP Loan Search / PA / EPHRATA / Teamag, inc.

TEAMAG, INC.

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

TEAMAG, INC.

Borrower Address

120 Lake St

Borrower City

EPHRATA

Borrower State

PA

Borrower Zip

17522-2415

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

316400.00

Current Approval Amount

316400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EPHRATA

Project County Name

LANCASTER

Project State

PA

Project Zip

17522-2415

CD

PA-11

Jobs Reported

26

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

316400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

318913.62

Forgiveness Date

02/02/2021

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