Teps, Inc. DBA Total Electric Power Sales

$93,472 PPP Loan in Ferndale, Michigan

Loan Details

Loan Number
1299737707
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$93,472
Current Approval
$93,472
Forgiveness Amount
$94,022
Forgiveness Date
Dec 4, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Teps, Inc. DBA Total Electric Power Sales
Address
1411 E Nine Mile Rd
ZIP Code
48220
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$89,013
Rent
$2,000
Utilities
$300
Health Care
$2,159

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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