PPP Loan information for Tecla company inc

$156,600

Tecla company inc was initially approved for PPP Loan of amount $156,600, the current approved amount is $156,600. The loan was approved on 03/12/2021 by The First State Bank reported 24 jobs and $156,600 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

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TECLA COMPANY INC

Borrower Address

1250 Ladd Rd

Borrower City

Commerce Township

Borrower State

MI

Borrower Zip

48390-3067

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

156600.00

Current Approval Amount

156600.00

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

24

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

156600.00

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

157917.16

Forgiveness Date

01/19/2022

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