PPP Loan information for Technic, inc.

$5,507,510

Technic, inc. was initially approved for PPP Loan of amount $5,507,510, the current approved amount is $5,507,510. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 399 jobs and $5,507,510 was used to fund payroll.

Technic, inc. is Existing or more than 2 years old

PPP Loan Search / RI / Cranston / Technic, inc.

TECHNIC, INC.

Date Approved

04/10/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

TECHNIC, INC.

Borrower Address

47 Molter Street 0.0

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02910-1011

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5507510.00

Current Approval Amount

5507510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02910-1011

CD

RI-02

Jobs Reported

399

NAICS Code

325998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

934510.00

Payroll Proceed

3931000.00

Mortgage Interest Proceed

50000.00

Rent Proceed

117000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

475000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5581573.77

Forgiveness Date

08/18/2021

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