PPP Loan information for Tecla company, inc

$202,400

Tecla company, inc was initially approved for PPP Loan of amount $202,400, the current approved amount is $202,400. The loan was approved on 04/27/2020 by The First State Bank reported 26 jobs and $202,400 was used to fund payroll.

Tecla company, inc is Existing or more than 2 years old

PPP Loan Search / MI / Commerce Township / Tecla company, inc

TECLA COMPANY, INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TECLA COMPANY, INC

Borrower Address

1250 Ladd Rd

Borrower City

Commerce Township

Borrower State

MI

Borrower Zip

48390-3067

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202400.00

Current Approval Amount

202400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Commerce Township

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-3067

CD

MI-11

Jobs Reported

26

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

202400.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

203531.22

Forgiveness Date

11/25/2020

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