PPP Loan information for Tele-optics communications, inc.

$1,225,600

Tele-optics communications, inc. was initially approved for PPP Loan of amount $1,225,600, the current approved amount is $1,225,600. The loan was approved on 04/11/2020 by The Citizens Bank reported 142 jobs and $1,225,600 was used to fund payroll.

Tele-optics communications, inc. is Existing or more than 2 years old

TELE-OPTICS COMMUNICATIONS, INC.

Date Approved

04/11/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TELE-OPTICS COMMUNICATIONS, INC.

Borrower Address

1041 TIDEWATER CT

Borrower City

KINGSPORT

Borrower State

TN

Borrower Zip

37660-5482

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1225600.00

Current Approval Amount

1225600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66974

Servicing Lender Name

Citizens Bank

Servicing Lender Address

300 Broad St

Servicing Lender City

ELIZABETHTON

Servicing Lender State

TN

Servicing Lender Zip

37643-2715

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINGSPORT

Project County Name

SULLIVAN

Project State

TN

Project Zip

37660-5482

CD

TN-01

Jobs Reported

142

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1225600.00

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

66974

Originating Lender

Citizens Bank

Originating Lender City

ELIZABETHTON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1241566.84

Forgiveness Date

07/29/2021

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