PPP Loan information for Teg restaurant group, inc

$297,503

Teg restaurant group, inc was initially approved for PPP Loan of amount $297,503, the current approved amount is $297,503. The loan was approved on 04/27/2020 by The First Southwest Bank reported 48 jobs and $297,503 was used to fund payroll.

Teg restaurant group, inc is Existing or more than 2 years old

PPP Loan Search / CO / DURANGO / Teg restaurant group, inc

TEG RESTAURANT GROUP, INC

Date Approved

04/27/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

TEG RESTAURANT GROUP, INC

Borrower Address

160 E COLLEGE DR

Borrower City

DURANGO

Borrower State

CO

Borrower Zip

81301

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297503.25

Current Approval Amount

297503.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378609

Servicing Lender Name

First Southwest Bank

Servicing Lender Address

720 Main St

Servicing Lender City

ALAMOSA

Servicing Lender State

CO

Servicing Lender Zip

81101-2540

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURANGO

Project County Name

LA PLATA

Project State

CO

Project Zip

81301-2300

CD

CO-03

Jobs Reported

48

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

297503.25

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

378609

Originating Lender

First Southwest Bank

Originating Lender City

ALAMOSA

Originating Lender State

CO

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299687.66

Forgiveness Date

01/28/2021

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