PPP Loan information for Telephone electronics corporation

$2,500,000

Telephone electronics corporation was initially approved for PPP Loan of amount $2,500,000, the current approved amount is $2,500,000. The loan was approved on 04/29/2020 by The Regions Bank reported 204 jobs and $2,500,000 was used to fund payroll.

Telephone electronics corporation is Existing or more than 2 years old

PPP Loan Search / MS / Jackson / Telephone electronics corporation

TELEPHONE ELECTRONICS CORPORATION

Date Approved

04/29/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

TELEPHONE ELECTRONICS CORPORATION

Borrower Address

236 East Capitol Street

Borrower City

Jackson

Borrower State

MS

Borrower Zip

39201

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2500000.00

Current Approval Amount

2500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

HINDS

Project State

MS

Project Zip

39201-0002

CD

MS-03

Jobs Reported

204

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2500000.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2527397.26

Forgiveness Date

06/11/2021

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