PPP Loan information for Tele-systems inc.

$86,600

Tele-systems inc. was initially approved for PPP Loan of amount $86,600, the current approved amount is $86,600. The loan was approved on 04/10/2020 by The River Bank & Trust reported 6 jobs and $86,600 was used to fund payroll.

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

TELE-SYSTEMS INC.

Date Approved

04/10/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TELE-SYSTEMS INC.

Borrower Address

216 S 4TH ST

Borrower City

GADSDEN

Borrower State

AL

Borrower Zip

35901-4214

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86600.00

Current Approval Amount

86600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440693

Servicing Lender Name

River Bank & Trust

Servicing Lender Address

2611 Legends Dr

Servicing Lender City

PRATTVILLE

Servicing Lender State

AL

Servicing Lender Zip

36066-7761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GADSDEN

Project County Name

ETOWAH

Project State

AL

Project Zip

35901-4214

CD

AL-04

Jobs Reported

6

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86600.00

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

440693

Originating Lender

River Bank & Trust

Originating Lender City

PRATTVILLE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

87386.62

Forgiveness Date

03/09/2021

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