PPP Loan information for Telemetrics inc

$793,340

Telemetrics inc was initially approved for PPP Loan of amount $793,340, the current approved amount is $793,340. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 42 jobs and $793,340 was used to fund payroll.

Telemetrics inc is Existing or more than 2 years old

PPP Loan Search / NJ / ALLENDALE / Telemetrics inc

TELEMETRICS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

TELEMETRICS INC

Borrower Address

75 COMMERCE DR

Borrower City

ALLENDALE

Borrower State

NJ

Borrower Zip

07401-1600

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

793340.00

Current Approval Amount

793340.00

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

Existing or more than 2 years old

Project City

ALLENDALE

Project County Name

BERGEN

Project State

NJ

Project Zip

07401-1600

CD

NJ-05

Jobs Reported

42

NAICS Code

335999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

793340.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

800990.84

Forgiveness Date

04/22/2021

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