PPP Loan information for T.e.c. industrial, inc.

$283,642

T.e.c. industrial, inc. was initially approved for PPP Loan of amount $283,642, the current approved amount is $283,642. The loan was approved on 04/05/2020 by The ONB Bank reported 20 jobs and $283,642 was used to fund payroll.

T.e.c. industrial, inc. is Existing or more than 2 years old

T.E.C. INDUSTRIAL, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

T.E.C. INDUSTRIAL, INC.

Borrower Address

1711 3RD AVE SE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-7937

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

283641.86

Current Approval Amount

283641.86

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120125

Servicing Lender Name

ONB Bank

Servicing Lender Address

975 34th Ave NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-6600

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-7937

CD

MN-01

Jobs Reported

20

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

283641.86

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

120125

Originating Lender

ONB Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

286202.52

Forgiveness Date

03/02/2021

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