PPP Loan information for Tenet hydraulics co.

$117,012

Tenet hydraulics co. was initially approved for PPP Loan of amount $117,012, the current approved amount is $117,012. The loan was approved on 04/14/2020 by The Independent Bank reported 8 jobs and $117,012 was used to fund payroll.

Tenet hydraulics co. is New Business or 2 years or less

PPP Loan Search / MI / TRAVERSE CITY / Tenet hydraulics co.

TENET HYDRAULICS CO.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TENET HYDRAULICS CO.

Borrower Address

2207 TRAVERSEFIELD DR

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-9267

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117012.00

Current Approval Amount

117012.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-9267

CD

MI-01

Jobs Reported

8

NAICS Code

336999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

117012.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107911.90

Forgiveness Date

02/16/2021

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