PPP Loan information for Technical source inc

$150,000

Technical source inc was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 04/30/2020 by The Wells Fargo Bank, National Association reported 85 jobs and $150,000 was used to fund payroll.

Technical source inc is Existing or more than 2 years old

TECHNICAL SOURCE INC

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TECHNICAL SOURCE INC

Borrower Address

1447 E. ROSITA DRIVE

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60074

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60074-0100

CD

IL-05

Jobs Reported

85

NAICS Code

541513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151750.68

Forgiveness Date

07/09/2021

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