PPP Loan information for Cortelco, inc

$187,500

Cortelco, inc was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 04/14/2020 by The Regions Bank reported 16 jobs and $187,500 was used to fund payroll.

Cortelco, inc is Existing or more than 2 years old

PPP Loan Search / MS / Corinth / Cortelco, inc

CORTELCO, INC

Date Approved

04/14/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

CORTELCO, INC

Borrower Address

1703 Sawyer Road,

Borrower City

Corinth

Borrower State

MS

Borrower Zip

38834-6338

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corinth

Project County Name

ALCORN

Project State

MS

Project Zip

38834-6338

CD

MS-01

Jobs Reported

16

NAICS Code

423620

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

188589.04

Forgiveness Date

11/19/2020

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