PPP Loan information for Tec associates

$118,200

Tec associates was initially approved for PPP Loan of amount $118,200, the current approved amount is $118,200. The loan was approved on 04/28/2020 by The Saco & Biddeford Savings Institution reported 6 jobs and $118,200 was used to fund payroll.

Tec associates is Existing or more than 2 years old

TEC ASSOCIATES

Date Approved

04/28/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

TEC ASSOCIATES

Borrower Address

46 Sawyer Street

Borrower City

SOUTH PORTLAND

Borrower State

ME

Borrower Zip

04106

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118200.35

Current Approval Amount

118200.35

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29883

Servicing Lender Name

Saco & Biddeford Savings Institution

Servicing Lender Address

252 Main St

Servicing Lender City

SACO

Servicing Lender State

ME

Servicing Lender Zip

04072-1511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04106-0003

CD

ME-01

Jobs Reported

6

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

118200.35

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

29883

Originating Lender

Saco & Biddeford Savings Institution

Originating Lender City

SACO

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119220.44

Forgiveness Date

03/16/2021

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