PPP Loan information for Tek mechanical service, inc

$82,400

Tek mechanical service, inc was initially approved for PPP Loan of amount $82,400, the current approved amount is $82,400. The loan was approved on 04/11/2020 by The MidCountry Bank reported 6 jobs and $82,400 was used to fund payroll.

Tek mechanical service, inc is Existing or more than 2 years old

PPP Loan Search / MN / HUTCHINSON / Tek mechanical service, inc

TEK MECHANICAL SERVICE, INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TEK MECHANICAL SERVICE, INC

Borrower Address

220 5TH AVE NW

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-1634

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82400.00

Current Approval Amount

82400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-1634

CD

MN-07

Jobs Reported

6

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1750.00

Payroll Proceed

60400.00

Mortgage Interest Proceed

0.00

Rent Proceed

12500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7750.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83194.65

Forgiveness Date

04/08/2021

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