PPP Loan information for Teak inc

$109,126

Teak inc was initially approved for PPP Loan of amount $109,126, the current approved amount is $109,126. The loan was approved on 01/25/2021 by The First National Bank of Pennsylvania reported 20 jobs and $109,126 was used to fund payroll.

Teak inc is Existing or more than 2 years old

PPP Loan Search / NC / Kernersville / Teak inc

TEAK INC

Date Approved

01/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TEAK INC

Borrower Address

708 NC Highway 66 S

Borrower City

Kernersville

Borrower State

NC

Borrower Zip

27284-3129

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

109126.00

Current Approval Amount

109126.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kernersville

Project County Name

FORSYTH

Project State

NC

Project Zip

27284-3129

CD

NC-06

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

109124.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110168.76

Forgiveness Date

01/12/2022

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