PPP Loan information for Tele-rad, inc.

$434,800

Tele-rad, inc. was initially approved for PPP Loan of amount $434,800, the current approved amount is $434,800. The loan was approved on 04/14/2020 by The West Michigan Community Bank reported 42 jobs and $434,800 was used to fund payroll.

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

PPP Loan Search / MI / HOLLAND / Tele-rad, inc.

TELE-RAD, INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TELE-RAD, INC.

Borrower Address

511 EAST 8TH ST

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49423-3759

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

434800.00

Current Approval Amount

434800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35340

Servicing Lender Name

West Michigan Community Bank

Servicing Lender Address

3467 Kelly St

Servicing Lender City

HUDSONVILLE

Servicing Lender State

MI

Servicing Lender Zip

49426-1435

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49423-3759

CD

MI-02

Jobs Reported

42

NAICS Code

443142

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

434800.00

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

35340

Originating Lender

West Michigan Community Bank

Originating Lender City

HUDSONVILLE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

437819.44

Forgiveness Date

12/28/2020

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