Teakdecking Systems INC

$1,285,000 PPP Loan in Sarasota, Florida

Loan Details

Loan Number
3109227205
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$1,285,000
Current Approval
$1,285,000
Forgiveness Amount
$1,293,067
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Teakdecking Systems INC
Address
7061 15th St East
State
Florida
ZIP Code
34243-3243
Business Type
Corporation
Industry (NAICS)
Manufacturing (311999)
Business Age
Existing or more than 2 years old
Jobs Reported
111
Estimated Revenue
$39.2M
Rural/Urban
Urban
Congressional District
FL-16

Loan Use Breakdown

Payroll
$1,250,000
Utilities
$15,000
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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