PPP Loan information for Telco inc.

$399,142

Telco inc. was initially approved for PPP Loan of amount $399,142, the current approved amount is $399,142. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 22 jobs and $399,142 was used to fund payroll.

Telco inc. is Existing or more than 2 years old

PPP Loan Search / PA / Reading / Telco inc.

TELCO INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

TELCO INC.

Borrower Address

1224 Cross Keys Road

Borrower City

Reading

Borrower State

PA

Borrower Zip

19605

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

399142.00

Current Approval Amount

399142.00

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

19605-0003

CD

PA-04

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

363314.00

Mortgage Interest Proceed

0.00

Rent Proceed

7828.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25000.00

Debt Interest Proceed

1500

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

391359.58

Forgiveness Date

11/17/2020

;