PPP Loan information for Teaco, inc.

$50,250

Teaco, inc. was initially approved for PPP Loan of amount $50,250, the current approved amount is $50,250. The loan was approved on 04/14/2020 by The Horizon Bank reported 6 jobs and $50,250 was used to fund payroll.

Teaco, inc. is Unanswered

PPP Loan Search / IN / MICHIGAN CITY / Teaco, inc.

TEACO, INC.

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

TEACO, INC.

Borrower Address

2117 OHIO STREET

Borrower City

MICHIGAN CITY

Borrower State

IN

Borrower Zip

46360

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50250.00

Current Approval Amount

50250.00

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

Unanswered

Project City

MICHIGAN CITY

Project County Name

LA PORTE

Project State

IN

Project Zip

46360-0001

CD

IN-01

Jobs Reported

6

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50250.00

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

50515.71

Forgiveness Date

11/12/2020

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