PPP Loan information for Teel tooling and manufacturing inc.

$115,442

Teel tooling and manufacturing inc. was initially approved for PPP Loan of amount $115,442, the current approved amount is $115,442. The loan was approved on 02/02/2021 by The Loan Source Incorporated reported 15 jobs and $115,442 was used to fund payroll.

Teel tooling and manufacturing inc. is Existing or more than 2 years old

PPP Loan Search / AL / Wetumpka / Teel tooling and manufacturing inc.

TEEL TOOLING AND MANUFACTURING INC.

Date Approved

02/02/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

TEEL TOOLING AND MANUFACTURING INC.

Borrower Address

765 Kelly Fitzpatrick Dr

Borrower City

Wetumpka

Borrower State

AL

Borrower Zip

36092-1126

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115442.00

Current Approval Amount

115442.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wetumpka

Project County Name

ELMORE

Project State

AL

Project Zip

36092-1126

CD

AL-02

Jobs Reported

15

NAICS Code

332710

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

115439.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116431.95

Forgiveness Date

12/23/2021

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