PPP Loan information for Ameritel communications corporation

$954,377

Ameritel communications corporation was initially approved for PPP Loan of amount $954,377, the current approved amount is $954,377. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 70 jobs and $954,377 was used to fund payroll.

Ameritel communications corporation is Existing or more than 2 years old

AMERITEL COMMUNICATIONS CORPORATION

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AMERITEL COMMUNICATIONS CORPORATION

Borrower Address

15010 Broschart Road

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850

Loan Status Date

03/02/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

954377.00

Current Approval Amount

954377.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-0200

CD

MD-08

Jobs Reported

70

NAICS Code

532420

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

837127.00

Mortgage Interest Proceed

0.00

Rent Proceed

64000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

53250.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

959867.94

Forgiveness Date

11/17/2020

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