PPP Loan information for Tech electric co llc

$200,000

Tech electric co llc was initially approved for PPP Loan of amount $210,000, the current approved amount is $200,000. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 180 jobs and $200,000 was used to fund payroll.

Tech electric co llc is Existing or more than 2 years old

TECH ELECTRIC CO LLC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TECH ELECTRIC CO LLC

Borrower Address

16177 LEONE DR

Borrower City

MACOMB

Borrower State

MI

Borrower Zip

48042

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

210000.00

Current Approval Amount

200000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MACOMB

Project County Name

MACOMB

Project State

MI

Project Zip

48042-0001

CD

MI-09

Jobs Reported

180

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

155000.00

Mortgage Interest Proceed

10000.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

10000

Business Type

Partnership

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201731.33

Forgiveness Date

03/16/2021

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