PPP Loan information for Tec electric llc

$49,428

Tec electric llc was initially approved for PPP Loan of amount $49,428, the current approved amount is $49,428. The loan was approved on 02/11/2021 by The Premier Bank reported 7 jobs and $49,428 was used to fund payroll.

Tec electric llc is Existing or more than 2 years old

TEC ELECTRIC LLC

Date Approved

02/11/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TEC ELECTRIC LLC

Borrower Address

12130 Lawrence Rd

Borrower City

Brooklyn

Borrower State

MI

Borrower Zip

49230-9581

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49428.45

Current Approval Amount

49428.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

JACKSON

Project State

MI

Project Zip

49230-9581

CD

MI-07

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49428.45

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49711.29

Forgiveness Date

09/13/2021

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