PPP Loan information for Test equipment distributors llc

$1,153,923

Test equipment distributors llc was initially approved for PPP Loan of amount $1,153,923, the current approved amount is $1,153,923. The loan was approved on 01/20/2021 by The Bank of Ann Arbor reported 75 jobs and $1,153,923 was used to fund payroll.

Test equipment distributors llc is Existing or more than 2 years old

PPP Loan Search / MI / Troy / Test equipment distributors llc

TEST EQUIPMENT DISTRIBUTORS LLC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TEST EQUIPMENT DISTRIBUTORS LLC

Borrower Address

1370 Piedmont Dr

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-1917

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1153922.50

Current Approval Amount

1153922.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-1917

CD

MI-11

Jobs Reported

75

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1153919.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1158348.50

Forgiveness Date

06/15/2021

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