PPP Loan information for Team 1 elite corporation

$204,085

Team 1 elite corporation was initially approved for PPP Loan of amount $204,085, the current approved amount is $204,085. The loan was approved on 04/15/2020 by The Loan Source Incorporated reported 23 jobs and $204,085 was used to fund payroll.

Team 1 elite corporation is New Business or 2 years or less

PPP Loan Search / TN / KNOXVILLE / Team 1 elite corporation

TEAM 1 ELITE CORPORATION

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TEAM 1 ELITE CORPORATION

Borrower Address

800 S GAY STREET SUITE 700

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37929

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204085.00

Current Approval Amount

204085.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37929-0101

CD

TN-02

Jobs Reported

23

NAICS Code

492110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1327.00

Payroll Proceed

183400.00

Mortgage Interest Proceed

0.00

Rent Proceed

1786.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6146.00

Debt Interest Proceed

11426

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

206181.76

Forgiveness Date

04/28/2021

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