PPP Loan information for Test equipment distributors, llc

$1,153,922

Test equipment distributors, llc was initially approved for PPP Loan of amount $1,153,922, the current approved amount is $1,153,922. The loan was approved on 04/28/2020 by The Bank of Ann Arbor reported 75 jobs and $1,153,922 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

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TEST EQUIPMENT DISTRIBUTORS, LLC

Borrower Address

1370 Piedmont

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-1917

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1153922.00

Current Approval Amount

1153922.00

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

N

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

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1153922.00

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

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1160118.40

Forgiveness Date

11/20/2020

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