PPP Loan information for Telco inc

$398,942

Telco inc was initially approved for PPP Loan of amount $398,942, the current approved amount is $398,942. The loan was approved on 01/22/2021 by The Manufacturers and Traders Trust Company reported 28 jobs and $398,942 was used to fund payroll.

Telco inc is Existing or more than 2 years old

TELCO INC

Date Approved

01/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

TELCO INC

Borrower Address

1224 Cross Keys Rd

Borrower City

Reading

Borrower State

PA

Borrower Zip

19605-9503

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

398942.00

Current Approval Amount

398942.00

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

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19605-9503

CD

PA-04

Jobs Reported

28

NAICS Code

237310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

398942.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

401368.44

Forgiveness Date

09/08/2021

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