PPP Loan information for Tec, inc.

$671,300

Tec, inc. was initially approved for PPP Loan of amount $671,300, the current approved amount is $671,300. The loan was approved on 04/09/2020 by The Enterprise Bank and Trust Company reported 43 jobs and $671,300 was used to fund payroll.

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

PPP Loan Search / MA / ANDOVER / Tec, inc.

TEC, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TEC, INC.

Borrower Address

146 DASCOMB RD

Borrower City

ANDOVER

Borrower State

MA

Borrower Zip

01810-5887

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

671300.00

Current Approval Amount

671300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDOVER

Project County Name

ESSEX

Project State

MA

Project Zip

01810-5887

CD

MA-06

Jobs Reported

43

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

546800.00

Mortgage Interest Proceed

0.00

Rent Proceed

70300.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

38200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

676092.34

Forgiveness Date

12/31/2020

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