PPP Loan information for Tec industries inc

$58,967

Tec industries inc was initially approved for PPP Loan of amount $58,967, the current approved amount is $58,967. The loan was approved on 01/25/2021 by The Independent Bank reported 5 jobs and $58,967 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

01/25/2021

SBA Office Code

0515

Processing Method

PPS

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

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58967.00

Current Approval Amount

58967.00

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

5

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

58965.00

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

59303.03

Forgiveness Date

08/25/2021

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