PPP Loan information for Telemark corporation

$520,765

Telemark corporation was initially approved for PPP Loan of amount $520,765, the current approved amount is $520,765. The loan was approved on 03/12/2021 by The Loan Source Incorporated reported 48 jobs and $520,765 was used to fund payroll.

Telemark corporation is Existing or more than 2 years old

PPP Loan Search / MI / Sturgis / Telemark corporation

TELEMARK CORPORATION

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TELEMARK CORPORATION

Borrower Address

411 McKee St

Borrower City

Sturgis

Borrower State

MI

Borrower Zip

49091-1040

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

520765.00

Current Approval Amount

520765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sturgis

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49091-1040

CD

MI-06

Jobs Reported

48

NAICS Code

322299

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

520761.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

525245.01

Forgiveness Date

02/09/2022

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