PPP Loan information for Telco systems inc

$350,000

Telco systems inc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 21 jobs and $350,000 was used to fund payroll.

Telco systems inc is New Business or 2 years or less

PPP Loan Search / MA / Mansfield / Telco systems inc

TELCO SYSTEMS INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TELCO SYSTEMS INC

Borrower Address

15 Berkshire Rd

Borrower City

Mansfield

Borrower State

MA

Borrower Zip

02048

Loan Status Date

06/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Mansfield

Project County Name

BRISTOL

Project State

MA

Project Zip

02048-0001

CD

MA-04

Jobs Reported

21

NAICS Code

334413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

350000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

317673.78

Forgiveness Date

11/24/2020

;