PPP Loan information for Tech medical inc

$400,000

Tech medical inc was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/06/2020 by The Peoples Bank reported 82 jobs and $400,000 was used to fund payroll.

Tech medical inc is Existing or more than 2 years old

TECH MEDICAL INC

Date Approved

04/06/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

TECH MEDICAL INC

Borrower Address

1014 BELLEFONTE RD

Borrower City

FLATWOODS

Borrower State

KY

Borrower Zip

41139-1904

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57732

Servicing Lender Name

Peoples Bank

Servicing Lender Address

138 Putnam St

Servicing Lender City

MARIETTA

Servicing Lender State

OH

Servicing Lender Zip

45750-2923

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLATWOODS

Project County Name

GREENUP

Project State

KY

Project Zip

41139-1904

CD

KY-04

Jobs Reported

82

NAICS Code

621610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

100000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57732

Originating Lender

Peoples Bank

Originating Lender City

MARIETTA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

402400.00

Forgiveness Date

11/24/2020

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