PPP Loan information for Tek automotive group llc

$789,110

Tek automotive group llc was initially approved for PPP Loan of amount $789,110, the current approved amount is $789,110. The loan was approved on 05/01/2021 by The Manufacturers and Traders Trust Company reported 281 jobs and $789,110 was used to fund payroll.

Tek automotive group llc is Existing or more than 2 years old

TEK AUTOMOTIVE GROUP LLC

Date Approved

05/01/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

TEK AUTOMOTIVE GROUP LLC

Borrower Address

347 New Karner Rd

Borrower City

Albany

Borrower State

NY

Borrower Zip

12205-4607

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

789110.00

Current Approval Amount

789110.00

Undisbursed Amount

0.00

Franchise Name

Volvo Cars USA, LLC -  Retailer Agreement

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

ALBANY

Project State

NY

Project Zip

12205-4607

CD

NY-20

Jobs Reported

281

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

789110.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

792742.07

Forgiveness Date

10/21/2021

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