PPP Loan information for Telaid industries, inc.

$3,570,600

Telaid industries, inc. was initially approved for PPP Loan of amount $3,570,600, the current approved amount is $3,570,600. The loan was approved on 04/05/2020 by The Manufacturers and Traders Trust Company reported 260 jobs and $3,570,600 was used to fund payroll.

Telaid industries, inc. is Existing or more than 2 years old

TELAID INDUSTRIES, INC.

Date Approved

04/05/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

TELAID INDUSTRIES, INC.

Borrower Address

13 West Main Street

Borrower City

NIANTIC

Borrower State

CT

Borrower Zip

06357-2319

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3570600.00

Current Approval Amount

3570600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NIANTIC

Project County Name

NEW LONDON

Project State

CT

Project Zip

06357-2319

CD

CT-02

Jobs Reported

260

NAICS Code

541513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3570600.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3611882.01

Forgiveness Date

06/11/2021

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