Date Approved
01/23/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
TEG ENGINEERING LLC
Borrower Address
1505 44th St SW
Borrower City
Wyoming
Borrower State
MI
Borrower Zip
49509-4482
Loan Status Date
01/07/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
309117.00
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
1.00
Payroll Proceed
309114.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
311761.67
Forgiveness Date
12/08/2021