PPP Loan information for Tec industries, inc.

$65,700

Tec industries, inc. was initially approved for PPP Loan of amount $65,700, the current approved amount is $65,700. The loan was approved on 04/11/2020 by The Independent Bank reported 6 jobs and $65,700 was used to fund payroll.

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

PPP Loan Search / MI / NEW HUDSON / Tec industries, inc.

TEC INDUSTRIES, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TEC INDUSTRIES, INC.

Borrower Address

55309 LYON INDUSTRIAL DR

Borrower City

NEW HUDSON

Borrower State

MI

Borrower Zip

48165-8545

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65700.00

Current Approval Amount

65700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HUDSON

Project County Name

OAKLAND

Project State

MI

Project Zip

48165-8545

CD

MI-07

Jobs Reported

6

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65700.00

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

Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66046.75

Forgiveness Date

10/26/2020

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