PPP Loan information for Cortelco systems holding corp

$135,000

Cortelco systems holding corp was initially approved for PPP Loan of amount $135,000, the current approved amount is $135,000. The loan was approved on 01/27/2021 by The Regions Bank reported 16 jobs and $135,000 was used to fund payroll.

Cortelco systems holding corp is Existing or more than 2 years old

CORTELCO SYSTEMS HOLDING CORP

Date Approved

01/27/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

CORTELCO SYSTEMS HOLDING CORP

Borrower Address

1703 Sawyer Rd

Borrower City

Corinth

Borrower State

MS

Borrower Zip

38834-6338

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

135000.00

Current Approval Amount

135000.00

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

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

135000.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

135791.51

Forgiveness Date

09/13/2021

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