PPP Loan information for Teksolv, inc

$1,596,862

Teksolv, inc was initially approved for PPP Loan of amount $1,596,862, the current approved amount is $1,596,862. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 73 jobs and $1,596,862 was used to fund payroll.

Teksolv, inc is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Teksolv, inc

TEKSOLV, INC

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

TEKSOLV, INC

Borrower Address

130 Executive Drive Suite 5

Borrower City

Newark

Borrower State

DE

Borrower Zip

19702

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1596862.00

Current Approval Amount

1596862.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19702-1000

CD

DE-

Jobs Reported

73

NAICS Code

541690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11400.00

Payroll Proceed

1491280.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

56782.00

Debt Interest Proceed

7400

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1617118.09

Forgiveness Date

07/29/2021

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