PPP Loan information for Techni-med inc.

$74,630

Techni-med inc. was initially approved for PPP Loan of amount $74,630, the current approved amount is $74,630. The loan was approved on 04/07/2020 by The Midland States Bank reported 7 jobs and $74,630 was used to fund payroll.

Techni-med inc. is Existing or more than 2 years old

TECHNI-MED INC.

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TECHNI-MED INC.

Borrower Address

340 Marshall Avenue

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60506-5574

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74630.00

Current Approval Amount

74630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

KANE

Project State

IL

Project Zip

60506-5574

CD

IL-11

Jobs Reported

7

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4630.00

Payroll Proceed

70000.00

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

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

75067.56

Forgiveness Date

11/16/2020

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