PPP Loan information for Tella tool & mfg co.

$1,041,675

Tella tool & mfg co. was initially approved for PPP Loan of amount $1,041,675, the current approved amount is $1,041,675. The loan was approved on 04/06/2020 by The Beverly Bank & Trust Company, National Association reported 62 jobs and $1,041,675 was used to fund payroll.

Tella tool & mfg co. is Existing or more than 2 years old

PPP Loan Search / IL / LOMBARD / Tella tool & mfg co.

TELLA TOOL & MFG CO.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TELLA TOOL & MFG CO.

Borrower Address

1015 N Ridge Ave

Borrower City

LOMBARD

Borrower State

IL

Borrower Zip

60148-1258

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1041675.00

Current Approval Amount

1041675.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

377941

Servicing Lender Name

Beverly Bank & Trust Company, National Association

Servicing Lender Address

10258 S Western Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60643-1948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOMBARD

Project County Name

DUPAGE

Project State

IL

Project Zip

60148-1258

CD

IL-03

Jobs Reported

62

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

86806.00

Payroll Proceed

868063.00

Mortgage Interest Proceed

0.00

Rent Proceed

86806.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

377941

Originating Lender

Beverly Bank & Trust Company, National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1050037.34

Forgiveness Date

02/01/2021

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