PPP Loan information for Teco electrical services inc.

$50,125

Teco electrical services inc. was initially approved for PPP Loan of amount $50,125, the current approved amount is $50,125. The loan was approved on 05/01/2020 by The Cross River Bank reported 5 jobs and $50,125 was used to fund payroll.

Teco electrical services inc. is Existing or more than 2 years old

TECO ELECTRICAL SERVICES INC.

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

TECO ELECTRICAL SERVICES INC.

Borrower Address

416 TRUITT ST

Borrower City

SALISBURY

Borrower State

MD

Borrower Zip

21804-3828

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50125.00

Current Approval Amount

50125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-3828

CD

MD-01

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50125.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50672.94

Forgiveness Date

06/10/2021

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