PPP Loan information for Discount telecommunications inc

$116,061

Discount telecommunications inc was initially approved for PPP Loan of amount $116,061, the current approved amount is $116,061. The loan was approved on 02/06/2021 by The American Momentum Bank reported 10 jobs and $116,061 was used to fund payroll.

Discount telecommunications inc is Existing or more than 2 years old

PPP Loan Search / FL / Sarasota / Discount telecommunications inc

DISCOUNT TELECOMMUNICATIONS INC

Date Approved

02/06/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

DISCOUNT TELECOMMUNICATIONS INC

Borrower Address

2332 15th St

Borrower City

Sarasota

Borrower State

FL

Borrower Zip

34237-2910

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116061.00

Current Approval Amount

116061.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444341

Servicing Lender Name

American Momentum Bank

Servicing Lender Address

1 Momentum Blvd

Servicing Lender City

COLLEGE STATION

Servicing Lender State

TX

Servicing Lender Zip

77845-6199

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sarasota

Project County Name

SARASOTA

Project State

FL

Project Zip

34237-2910

CD

FL-17

Jobs Reported

10

NAICS Code

237130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

116059.00

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

444341

Originating Lender

American Momentum Bank

Originating Lender City

COLLEGE STATION

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117034.62

Forgiveness Date

12/09/2021

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