PPP Loan information for Tec electric, inc.

$68,023

Tec electric, inc. was initially approved for PPP Loan of amount $68,023, the current approved amount is $68,023. The loan was approved on 07/17/2020 by The State Bank of the Lakes, National Association reported 5 jobs and $68,023 was used to fund payroll.

Tec electric, inc. is Existing or more than 2 years old

PPP Loan Search / IL / DES PLAINES / Tec electric, inc.

TEC ELECTRIC, INC.

Date Approved

07/17/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TEC ELECTRIC, INC.

Borrower Address

1243 RAND RD

Borrower City

DES PLAINES

Borrower State

IL

Borrower Zip

60016-3402

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68023.00

Current Approval Amount

68023.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20227

Servicing Lender Name

State Bank of the Lakes, National Association

Servicing Lender Address

440 Lake St

Servicing Lender City

ANTIOCH

Servicing Lender State

IL

Servicing Lender Zip

60002-1406

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DES PLAINES

Project County Name

COOK

Project State

IL

Project Zip

60016-3402

CD

IL-05

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6802.30

Payroll Proceed

51017.25

Mortgage Interest Proceed

0.00

Rent Proceed

10203.45

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

20227

Originating Lender

State Bank of the Lakes, National Association

Originating Lender City

ANTIOCH

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68578.52

Forgiveness Date

05/13/2021

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