PPP Loan information for Teaco inc

$43,125

Teaco inc was initially approved for PPP Loan of amount $43,125, the current approved amount is $43,125. The loan was approved on 01/26/2021 by The Horizon Bank reported 5 jobs and $43,125 was used to fund payroll.

Teaco inc is Existing or more than 2 years old

PPP Loan Search / IN / Michigan City / Teaco inc

TEACO INC

Date Approved

01/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

TEACO INC

Borrower Address

2117 Ohio St

Borrower City

Michigan City

Borrower State

IN

Borrower Zip

46360-5830

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43125.00

Current Approval Amount

43125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Michigan City

Project County Name

LA PORTE

Project State

IN

Project Zip

46360-5830

CD

IN-01

Jobs Reported

5

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

43124.00

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

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43368.39

Forgiveness Date

08/23/2021

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