PPP Loan information for Tecc electric llc

$62,500

Tecc electric llc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 03/26/2021 by The Newburyport Five Cents Savings Bank reported 6 jobs and $62,500 was used to fund payroll.

Tecc electric llc is Existing or more than 2 years old

TECC ELECTRIC LLC

Date Approved

03/26/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

TECC ELECTRIC LLC

Borrower Address

8 Chase Park Rd Ste A

Borrower City

Seabrook

Borrower State

NH

Borrower Zip

03874-4359

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Seabrook

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03874-4359

CD

NH-01

Jobs Reported

6

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62494.00

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

Subchapter S Corporation

Originating Lender Location Id

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

63220.49

Forgiveness Date

05/19/2022

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