PPP Loan information for Ustele inc

$172,770

Ustele inc was initially approved for PPP Loan of amount $172,770, the current approved amount is $172,770. The loan was approved on 04/10/2020 by The Bank of America, National Association reported 12 jobs and $172,770 was used to fund payroll.

Ustele inc is Existing or more than 2 years old

USTELE INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

USTELE INC

Borrower Address

140 WOOD RD STE 200

Borrower City

BRAINTREE

Borrower State

MA

Borrower Zip

02184-2502

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172770.00

Current Approval Amount

172770.00

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

BRAINTREE

Project County Name

NORFOLK

Project State

MA

Project Zip

02184-2502

CD

MA-08

Jobs Reported

12

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172770.00

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

Non-Veteran

Non Profit

Forgiveness Amount

173972.29

Forgiveness Date

01/14/2021

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