PPP Loan information for Tec group, inc.

$3,858,900

Tec group, inc. was initially approved for PPP Loan of amount $3,858,900, the current approved amount is $3,858,900. The loan was approved on 04/29/2020 by The Webster Bank National Association reported 329 jobs and $3,858,900 was used to fund payroll.

Tec group, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Tec group, inc.

TEC GROUP, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TEC GROUP, INC.

Borrower Address

850 STEPHENSON HWY, SUITE 600

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083

Loan Status Date

01/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3858900.00

Current Approval Amount

3858900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-0899

CD

MI-11

Jobs Reported

329

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3858900.00

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

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3901133.52

Forgiveness Date

06/11/2021

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