PPP Loan information for Teel construction inc

$1,231,000

Teel construction inc was initially approved for PPP Loan of amount $1,231,000, the current approved amount is $1,231,000. The loan was approved on 01/20/2021 by The MainStreet Bank reported 61 jobs and $1,231,000 was used to fund payroll.

Teel construction inc is Existing or more than 2 years old

PPP Loan Search / VA / Fairfax / Teel construction inc

TEEL CONSTRUCTION INC

Date Approved

01/20/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

TEEL CONSTRUCTION INC

Borrower Address

3920 University Dr

Borrower City

Fairfax

Borrower State

VA

Borrower Zip

22030-2507

Loan Status Date

10/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1231000.00

Current Approval Amount

1231000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378264

Servicing Lender Name

MainStreet Bank

Servicing Lender Address

10089 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-1742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfax

Project County Name

FAIRFAX CITY

Project State

VA

Project Zip

22030-2507

CD

VA-11

Jobs Reported

61

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1231000.00

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

Partnership

Originating Lender Location Id

378264

Originating Lender

MainStreet Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1238419.73

Forgiveness Date

08/31/2021

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