PPP Loan information for Team equipment company

$80,638

Team equipment company was initially approved for PPP Loan of amount $86,287, the current approved amount is $80,638. The loan was approved on 04/15/2020 by The Christian Financial CU reported 11 jobs and $80,638 was used to fund payroll.

Team equipment company is Existing or more than 2 years old

TEAM EQUIPMENT COMPANY

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TEAM EQUIPMENT COMPANY

Borrower Address

22707 Schoenherr

Borrower City

Warren

Borrower State

MI

Borrower Zip

48089-5039

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86287.19

Current Approval Amount

80638.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99368

Servicing Lender Name

Christian Financial CU

Servicing Lender Address

35100 Van Dyke Ave

Servicing Lender City

STERLING HEIGHTS

Servicing Lender State

MI

Servicing Lender Zip

48312-3553

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48089-5039

CD

MI-10

Jobs Reported

11

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71827.67

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8810.33

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99368

Originating Lender

Christian Financial CU

Originating Lender City

STERLING HEIGHTS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81252.17

Forgiveness Date

01/28/2021

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