PPP Loan information for Teel construction, inc.

$1,441,500

Teel construction, inc. was initially approved for PPP Loan of amount $1,441,500, the current approved amount is $1,441,500. The loan was approved on 04/04/2020 by The MainStreet Bank reported 68 jobs and $1,441,500 was used to fund payroll.

Teel construction, inc. is New Business or 2 years or less

PPP Loan Search / VA / FAIRFAX / Teel construction, inc.

TEEL CONSTRUCTION, INC.

Date Approved

04/04/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

TEEL CONSTRUCTION, INC.

Borrower Address

3920 UNIVERSITY DR

Borrower City

FAIRFAX

Borrower State

VA

Borrower Zip

22030-2507

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1441500.00

Current Approval Amount

1441500.00

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

New Business or 2 years or less

Project City

FAIRFAX

Project County Name

FAIRFAX CITY

Project State

VA

Project Zip

22030-2507

CD

VA-11

Jobs Reported

68

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1441500.00

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

1451570.75

Forgiveness Date

12/22/2020

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