PPP Loan information for Nippon tei corporation

$325,000

Nippon tei corporation was initially approved for PPP Loan of amount $325,000, the current approved amount is $325,000. The loan was approved on 04/29/2020 by The Regions Bank reported 35 jobs and $325,000 was used to fund payroll.

Nippon tei corporation is Existing or more than 2 years old

NIPPON TEI CORPORATION

Date Approved

04/29/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

NIPPON TEI CORPORATION

Borrower Address

14025 Manchester

Borrower City

Ballwin

Borrower State

MO

Borrower Zip

63011

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

Current Approval Amount

325000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ballwin

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63011-0801

CD

MO-02

Jobs Reported

35

NAICS Code

722511

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

325000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

327564.38

Forgiveness Date

02/17/2021

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