PPP Loan information for Teknapack, inc.

$119,477

Teknapack, inc. was initially approved for PPP Loan of amount $119,477, the current approved amount is $119,477. The loan was approved on 01/17/2021 by The Farmers & Merchants Savings Bank reported 8 jobs and $119,477 was used to fund payroll.

Teknapack, inc. is Existing or more than 2 years old

TEKNAPACK, INC.

Date Approved

01/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

TEKNAPACK, INC.

Borrower Address

471 Apollo Dr Ste 10

Borrower City

Lino Lakes

Borrower State

MN

Borrower Zip

55014-1088

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119477.00

Current Approval Amount

119477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lino Lakes

Project County Name

ANOKA

Project State

MN

Project Zip

55014-1088

CD

MN-06

Jobs Reported

8

NAICS Code

325991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

119474.00

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

Corporation

Originating Lender Location Id

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120336.57

Forgiveness Date

10/12/2021

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