PPP Loan information for Teco electrical, inc.

$106,000

Teco electrical, inc. was initially approved for PPP Loan of amount $106,000, the current approved amount is $106,000. The loan was approved on 04/04/2020 by The Union Bank & Trust Company reported 16 jobs and $106,000 was used to fund payroll.

Teco electrical, inc. is New Business or 2 years or less

PPP Loan Search / AR / BENTON / Teco electrical, inc.

TECO ELECTRICAL, INC.

Date Approved

04/04/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

TECO ELECTRICAL, INC.

Borrower Address

6948 ALCOA RD

Borrower City

BENTON

Borrower State

AR

Borrower Zip

72015-9726

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106000.00

Current Approval Amount

106000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4581

Servicing Lender Name

Union Bank & Trust Company

Servicing Lender Address

102 W McCloy St

Servicing Lender City

MONTICELLO

Servicing Lender State

AR

Servicing Lender Zip

71655-4319

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BENTON

Project County Name

SALINE

Project State

AR

Project Zip

72015-9726

CD

AR-02

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

106000.00

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

4581

Originating Lender

Union Bank & Trust Company

Originating Lender City

MONTICELLO

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

106936.33

Forgiveness Date

02/23/2021

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