Openet Telecom INC

$1,558,228 PPP Loan in Reston, Virginia

Loan Details

Loan Number
5620947205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,558,228
Current Approval
$1,558,228
Forgiveness Amount
$1,568,183
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Openet Telecom INC
Address
1886 Metro Center Drive
City
Reston
ZIP Code
20190
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541511)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$16.5M
Rural/Urban
Urban
Congressional District
VA-11

Loan Use Breakdown

Payroll
$1,476,228
Utilities
$20,000
Mortgage Interest
$62,000

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Silicon Valley Bridge Bank NA

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