PPP Loan information for Teps, inc. dba total electric power sales

$93,472

Teps, inc. dba total electric power sales was initially approved for PPP Loan of amount $93,472, the current approved amount is $93,472. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 7 jobs and $93,472 was used to fund payroll.

Teps, inc. dba total electric power sales is Existing or more than 2 years old

PPP Loan Search / MI / FERNDALE / Teps, inc. dba total electric power sales

TEPS, INC. DBA TOTAL ELECTRIC POWER SALES

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TEPS, INC. DBA TOTAL ELECTRIC POWER SALES

Borrower Address

1411 E NINE MILE RD

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93472.00

Current Approval Amount

93472.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-0001

CD

MI-11

Jobs Reported

7

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

300.00

Payroll Proceed

89013.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2159.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

94021.62

Forgiveness Date

12/04/2020

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