PPP Loan information for Telophase corporation

$1,532,407

Telophase corporation was initially approved for PPP Loan of amount $1,532,407, the current approved amount is $1,532,407. The loan was approved on 04/28/2020 by The First National Bank of Pennsylvania reported 54 jobs and $1,532,407 was used to fund payroll.

Telophase corporation is Existing or more than 2 years old

TELOPHASE CORPORATION

Date Approved

04/28/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

TELOPHASE CORPORATION

Borrower Address

2111 Wilson Boulevard Suite 1150

Borrower City

ARLINGTON

Borrower State

VA

Borrower Zip

22201-3043

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1532407.00

Current Approval Amount

1532407.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON

Project County Name

ARLINGTON

Project State

VA

Project Zip

22201-3043

CD

VA-08

Jobs Reported

54

NAICS Code

541519

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1532407.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1548412.14

Forgiveness Date

05/21/2021

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