PPP Loan information for Tech systems, inc.employee stock ownership trust

$6,477,995

Tech systems, inc.employee stock ownership trust was initially approved for PPP Loan of amount $6,478,000, the current approved amount is $6,477,995. The loan was approved on 04/10/2020 by The Truist Bank reported 381 jobs and $6,477,995 was used to fund payroll.

Tech systems, inc.employee stock ownership trust is Existing or more than 2 years old

PPP Loan Search / GA / BUFORD / Tech systems, inc.employee stock ownership trust

TECH SYSTEMS, INC.EMPLOYEE STOCK OWNERSHIP TRUST

Date Approved

04/10/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

TECH SYSTEMS, INC.EMPLOYEE STOCK OWNERSHIP TRUST

Borrower Address

4942 SUMMER OAK DR

Borrower City

BUFORD

Borrower State

GA

Borrower Zip

30518-0405

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6478000.00

Current Approval Amount

6477995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BUFORD

Project County Name

GWINNETT

Project State

GA

Project Zip

30518-0405

CD

GA-09

Jobs Reported

381

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6477995.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6552132.05

Forgiveness Date

06/11/2021

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