PPP Loan information for Tek automotive group llc

$879,800

Tek automotive group llc was initially approved for PPP Loan of amount $879,800, the current approved amount is $879,800. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 51 jobs and $879,800 was used to fund payroll.

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

PPP Loan Search / NY / Albany / Tek automotive group llc

TEK AUTOMOTIVE GROUP LLC

Date Approved

04/15/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

TEK AUTOMOTIVE GROUP LLC

Borrower Address

347 New Karner Road

Borrower City

Albany

Borrower State

NY

Borrower Zip

12205

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

879800.00

Current Approval Amount

879800.00

Undisbursed Amount

0.00

Franchise Name

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

12205-0001

CD

NY-20

Jobs Reported

51

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

639800.00

Mortgage Interest Proceed

0.00

Rent Proceed

75000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

78000.00

Debt Interest Proceed

77000

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

888670.31

Forgiveness Date

04/28/2021

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