PPP Loan information for Technical communications corporation

$474,405

Technical communications corporation was initially approved for PPP Loan of amount $474,405, the current approved amount is $474,405. The loan was approved on 01/27/2021 by The Hometown Bank reported 23 jobs and $474,405 was used to fund payroll.

Technical communications corporation is Existing or more than 2 years old

TECHNICAL COMMUNICATIONS CORPORATION

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

TECHNICAL COMMUNICATIONS CORPORATION

Borrower Address

100 Domino Dr

Borrower City

Concord

Borrower State

MA

Borrower Zip

01742-2817

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

474404.60

Current Approval Amount

474404.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01742-2817

CD

MA-03

Jobs Reported

23

NAICS Code

334290

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

474402.60

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

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

477134.05

Forgiveness Date

08/31/2021

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