PPP Loan information for Theco, inc.

$362,747

Theco, inc. was initially approved for PPP Loan of amount $362,747, the current approved amount is $362,747. The loan was approved on 04/06/2020 by The Village Bank reported 28 jobs and $362,747 was used to fund payroll.

Theco, inc. is Existing or more than 2 years old

THECO, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THECO, INC.

Borrower Address

14833 164TH AVE SE

Borrower City

BIG LAKE

Borrower State

MN

Borrower Zip

55309-2119

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

362747.00

Current Approval Amount

362747.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG LAKE

Project County Name

SHERBURNE

Project State

MN

Project Zip

55309-2119

CD

MN-06

Jobs Reported

28

NAICS Code

532412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

362747.00

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

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

367050.27

Forgiveness Date

06/24/2021

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