PPP Loan information for Tek electric

$225,900

Tek electric was initially approved for PPP Loan of amount $225,900, the current approved amount is $225,900. The loan was approved on 04/05/2020 by The Peoples State Bank reported 7 jobs and $225,900 was used to fund payroll.

Tek electric is Existing or more than 2 years old

PPP Loan Search / WI / WAUSAU / Tek electric

TEK ELECTRIC

Date Approved

04/05/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

TEK ELECTRIC

Borrower Address

2101 Eagle Valley Lane

Borrower City

WAUSAU

Borrower State

WI

Borrower Zip

54403-8157

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225900.00

Current Approval Amount

225900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76899

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

1905 Stewart Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-5375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUSAU

Project County Name

MARATHON

Project State

WI

Project Zip

54403-8157

CD

WI-07

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

197900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

28000.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

76899

Originating Lender

Peoples State Bank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

228510.40

Forgiveness Date

06/11/2021

;