TECNICO CORPORATION was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000.
The loan was approved on 04/10/2020 by Truist Bank d/b/a Branch Banking & Trust Co, NC. TECNICO CORPORATION reported 500 jobs and $10,000,000 was used to fund payroll.
TECNICO CORPORATION is Corporation business based in 831 INDUSTRIAL AVE, CHESAPEAKE, VA 23324-2614
| Items | Values |
|---|---|
| LoanNumber | 2392497107 |
| DateApproved | 04/10/2020 |
| SBAOfficeCode | 0304 |
| ProcessingMethod | PPP |
| BorrowerName | TECNICO CORPORATION |
| BorrowerAddress | 831 INDUSTRIAL AVE |
| BorrowerCity | CHESAPEAKE |
| BorrowerState | VA |
| BorrowerZip | 23324-2614 |
| LoanStatusDate | |
| LoanStatus | Exemption 4 |
| Term | 24 |
| SBAGuarantyPercentage | 100 |
| InitialApprovalAmount | $10,000,000 |
| CurrentApprovalAmount | $10,000,000 |
| UndisbursedAmount | 0 |
| FranchiseName | |
| ServicingLenderLocationID | 225134 |
| ServicingLenderName | Truist Bank d/b/a Branch Banking & Trust Co |
| ServicingLenderAddress | 214 N Tryon St |
| ServicingLenderCity | CHARLOTTE |
| ServicingLenderState | NC |
| ServicingLenderZip | 28202-1078 |
| RuralUrbanIndicator | U |
| HubzoneIndicator | Y |
| LMIIndicator | Y |
| BusinessAgeDescription | Existing or more than 2 years old |
| ProjectCity | CHESAPEAKE |
| ProjectCountyName | CHESAPEAKE CITY |
| ProjectState | VA |
| ProjectZip | 23324-2614 |
| CD | VA-03 |
| JobsReported | 500 |
| NAICSCode | 336611 |
| Race | Unanswered |
| Ethnicity | Unknown/NotStated |
| UTILITIES_PROCEED | |
| PAYROLL_PROCEED | 10000000 |
| MORTGAGE_INTEREST_PROCEED | |
| RENT_PROCEED | |
| REFINANCE_EIDL_PROCEED | |
| HEALTH_CARE_PROCEED | |
| DEBT_INTEREST_PROCEED | |
| BusinessType | Corporation |
| OriginatingLenderLocationID | 225134 |
| OriginatingLender | Truist Bank d/b/a Branch Banking & Trust Co |
| OriginatingLenderCity | CHARLOTTE |
| OriginatingLenderState | NC |
| Gender | Unanswered |
| Veteran | Unanswered |
| NonProfit |