PPP Loan information for Tel net systems inc

$286,700

Tel net systems inc was initially approved for PPP Loan of amount $295,200, the current approved amount is $286,700. The loan was approved on 02/05/2021 by The The Yellowstone Bank reported 20 jobs and $286,700 was used to fund payroll.

Tel net systems inc is Existing or more than 2 years old

PPP Loan Search / MT / Billings / Tel net systems inc

TEL NET SYSTEMS INC

Date Approved

02/05/2021

SBA Office Code

0885

Processing Method

PPS

Borrower Name

TEL NET SYSTEMS INC

Borrower Address

547 S 20th St W Ste 2

Borrower City

Billings

Borrower State

MT

Borrower Zip

59102-6445

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

295200.00

Current Approval Amount

286700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41949

Servicing Lender Name

The Yellowstone Bank

Servicing Lender Address

12 1st Ave

Servicing Lender City

LAUREL

Servicing Lender State

MT

Servicing Lender Zip

59044-3102

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Billings

Project County Name

YELLOWSTONE

Project State

MT

Project Zip

59102-6445

CD

MT-02

Jobs Reported

20

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

286697.00

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

Subchapter S Corporation

Originating Lender Location Id

41949

Originating Lender

The Yellowstone Bank

Originating Lender City

LAUREL

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

289229.24

Forgiveness Date

01/03/2022

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