PPP Loan information for Teri equipment company, inc.

$31,500

Teri equipment company, inc. was initially approved for PPP Loan of amount $31,500, the current approved amount is $31,500. The loan was approved on 04/28/2020 by The Everett Co-operative Bank reported 2 jobs and $31,500 was used to fund payroll.

Teri equipment company, inc. is Existing or more than 2 years old

TERI EQUIPMENT COMPANY, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TERI EQUIPMENT COMPANY, INC.

Borrower Address

222 CENTRAL ST

Borrower City

SAUGUS

Borrower State

MA

Borrower Zip

01906-2107

Loan Status Date

02/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31500.00

Current Approval Amount

31500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89066

Servicing Lender Name

Everett Co-operative Bank

Servicing Lender Address

419 Broadway

Servicing Lender City

EVERETT

Servicing Lender State

MA

Servicing Lender Zip

02149-3435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUGUS

Project County Name

ESSEX

Project State

MA

Project Zip

01906-2107

CD

MA-06

Jobs Reported

2

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7875.00

Payroll Proceed

23625.00

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

89066

Originating Lender

Everett Co-operative Bank

Originating Lender City

EVERETT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31764.08

Forgiveness Date

03/10/2021

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