PPP Loan information for Tekassembly corporation

$875,000

Tekassembly corporation was initially approved for PPP Loan of amount $875,000, the current approved amount is $875,000. The loan was approved on 05/29/2021 by The Pan American Bank & Trust reported 45 jobs and $875,000 was used to fund payroll.

Tekassembly corporation is Existing or more than 2 years old

PPP Loan Search / IL / Buffalo Grove / Tekassembly corporation

TEKASSEMBLY CORPORATION

Date Approved

05/29/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TEKASSEMBLY CORPORATION

Borrower Address

371 Foxford Dr

Borrower City

Buffalo Grove

Borrower State

IL

Borrower Zip

60089-6300

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

875000.00

Current Approval Amount

875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119783

Servicing Lender Name

Pan American Bank & Trust

Servicing Lender Address

1440 W North Ave

Servicing Lender City

MELROSE PARK

Servicing Lender State

IL

Servicing Lender Zip

60160-1422

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Buffalo Grove

Project County Name

LAKE

Project State

IL

Project Zip

60089-6300

CD

IL-10

Jobs Reported

45

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

874998.00

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

Subchapter S Corporation

Originating Lender Location Id

119783

Originating Lender

Pan American Bank & Trust

Originating Lender City

MELROSE PARK

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

881586.81

Forgiveness Date

03/10/2022

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