Technic, Inc.
$5,507,510 PPP Loan in Cranston, Rhode Island
Loan Details
- Loan Number
- 1344817108
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,507,510
- Current Approval
- $5,507,510
- Forgiveness Amount
- $5,581,574
- Forgiveness Date
- Aug 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Technic, Inc.
- Address
- 47 Molter Street 0.0
- City
- Cranston
- State
- Rhode Island
- ZIP Code
- 02910-1011
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (325998)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 399
- Estimated Revenue
- $395.7M
- Rural/Urban
- Urban
- Congressional District
- RI-02
Loan Use Breakdown
- Payroll
- $3,931,000
- Rent
- $117,000
- Utilities
- $934,510
- Health Care
- $475,000
- Mortgage Interest
- $50,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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