Date Approved
04/13/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
TEG ENGINEERING, LLC
Borrower Address
1505 44TH ST SW
Borrower City
WYOMING
Borrower State
MI
Borrower Zip
49509-4313
Loan Status Date
02/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
309100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36555
Servicing Lender Name
United Bank of Michigan
Servicing Lender Address
900 E Paris Ave SE
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49546-3676
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
20
NAICS Code
541330
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2500.00
Payroll Proceed
273900.00
Mortgage Interest Proceed
3000.00
Rent Proceed
700.00
Refinance EIDL Proceed
Health Care Proceed
28000.00
Debt Interest Proceed
1000
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
311444.01
Forgiveness Date
01/20/2021