PPP Loan information for Teem electric inc

$16,461

Teem electric inc was initially approved for PPP Loan of amount $16,461, the current approved amount is $16,461. The loan was approved on 04/15/2020 by The Citizens Bank, Inc. reported 5 jobs and $16,461 was used to fund payroll.

Teem electric inc is New Business or 2 years or less

PPP Loan Search / AL / SILVERHILL / Teem electric inc

TEEM ELECTRIC INC

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TEEM ELECTRIC INC

Borrower Address

20600 EAST BLVD

Borrower City

SILVERHILL

Borrower State

AL

Borrower Zip

36576-3565

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16461.00

Current Approval Amount

16461.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3223

Servicing Lender Name

Citizens Bank, Inc.

Servicing Lender Address

21980 Palmer St

Servicing Lender City

ROBERTSDALE

Servicing Lender State

AL

Servicing Lender Zip

36567

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SILVERHILL

Project County Name

BALDWIN

Project State

AL

Project Zip

36576-3565

CD

AL-01

Jobs Reported

5

NAICS Code

811118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16461.00

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

3223

Originating Lender

Citizens Bank, Inc.

Originating Lender City

ROBERTSDALE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16594.04

Forgiveness Date

02/11/2021

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