Team Electric Inc.

$2,142,425 PPP Loan in 10th Floor, New York

Loan Details

Loan Number
1473987207
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,142,425
Current Approval
$2,142,425
Forgiveness Amount
$2,165,551
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Team Electric Inc.
Address
20 West 36th St.
ZIP Code
10018
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
154
Estimated Revenue
$50.7M
Rural/Urban
Urban
Congressional District
NY-12

Loan Use Breakdown

Payroll
$2,024,400
Rent
$49,500
Utilities
$6,000
Health Care
$37,500
Debt Interest
$25,025

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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