PPP Loan information for Team electric inc.

$2,000,000

Team electric inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/22/2021 by The Manufacturers and Traders Trust Company reported 177 jobs and $2,000,000 was used to fund payroll.

Team electric inc. is Existing or more than 2 years old

PPP Loan Search / NY / New York / Team electric inc.

TEAM ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

TEAM ELECTRIC INC.

Borrower Address

20 W 36th St Fl 10

Borrower City

New York

Borrower State

NY

Borrower Zip

10018-8005

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10018-8005

CD

NY-12

Jobs Reported

177

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2014684.93

Forgiveness Date

10/28/2021

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