PPP Loan information for Telestar financial corporation

$16,846

Telestar financial corporation was initially approved for PPP Loan of amount $16,846, the current approved amount is $16,846. The loan was approved on 04/09/2020 by The Farmers and Merchants Bank reported 2 jobs and $16,846 was used to fund payroll.

Telestar financial corporation is Existing or more than 2 years old

TELESTAR FINANCIAL CORPORATION

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

TELESTAR FINANCIAL CORPORATION

Borrower Address

201-B W. HAMRIC DR

Borrower City

OXFORD

Borrower State

AL

Borrower Zip

36203-2350

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16846.00

Current Approval Amount

16846.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3189

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

112 E Ladiga St

Servicing Lender City

PIEDMONT

Servicing Lender State

AL

Servicing Lender Zip

36272-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

CALHOUN

Project State

AL

Project Zip

36203-2350

CD

AL-03

Jobs Reported

2

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16846.00

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

Subchapter S Corporation

Originating Lender Location Id

3189

Originating Lender

Farmers and Merchants Bank

Originating Lender City

PIEDMONT

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;