PPP Loan information for Tesch service center company incorporated

$38,500

Tesch service center company incorporated was initially approved for PPP Loan of amount $38,500, the current approved amount is $38,500. The loan was approved on 04/14/2020 by The Minnwest Bank reported 6 jobs and $38,500 was used to fund payroll.

Tesch service center company incorporated is Existing or more than 2 years old

TESCH SERVICE CENTER COMPANY INCORPORATED

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TESCH SERVICE CENTER COMPANY INCORPORATED

Borrower Address

321 ELM AVE

Borrower City

WASECA

Borrower State

MN

Borrower Zip

56093-2426

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38500.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASECA

Project County Name

WASECA

Project State

MN

Project Zip

56093-2426

CD

MN-01

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

36000.00

Mortgage Interest Proceed

500.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38809.07

Forgiveness Date

02/09/2021

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