PPP Loan information for Tel net systems, inc.

$255,000

Tel net systems, inc. was initially approved for PPP Loan of amount $255,000, the current approved amount is $255,000. The loan was approved on 04/03/2020 by The The Yellowstone Bank reported 20 jobs and $255,000 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

04/03/2020

SBA Office Code

0885

Processing Method

PPP

Borrower Name

TEL NET SYSTEMS, INC.

Borrower Address

547 S 20TH ST W Suite 2

Borrower City

BILLINGS

Borrower State

MT

Borrower Zip

59102-6400

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

255000.00

Current Approval Amount

255000.00

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

59102-6400

CD

MT-02

Jobs Reported

20

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

255000.00

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

256641.78

Forgiveness Date

12/02/2020

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