PPP Loan information for Telnet group inc

$66,230

Telnet group inc was initially approved for PPP Loan of amount $66,230, the current approved amount is $66,230. The loan was approved on 04/15/2020 by The The State Bank reported 6 jobs and $66,230 was used to fund payroll.

Telnet group inc is Existing or more than 2 years old

TELNET GROUP INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TELNET GROUP INC

Borrower Address

1035 N BRIDGE ST

Borrower City

LINDEN

Borrower State

MI

Borrower Zip

48451-8745

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66230.00

Current Approval Amount

66230.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINDEN

Project County Name

GENESEE

Project State

MI

Project Zip

48451-8745

CD

MI-05

Jobs Reported

6

NAICS Code

425110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

66230.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66661.86

Forgiveness Date

12/21/2020

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