Tel-Instrument Electronics Corp
$722,577 PPP Loan in East Rutherford, New Jersey
Loan Details
- Loan Number
- 5874467704
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $722,577
- Current Approval
- $722,577
- Forgiveness Amount
- $727,051
- Forgiveness Date
- Dec 16, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Tel-Instrument Electronics Corp
- Address
- 1 Branca Rd
- City
- East Rutherford
- State
- New Jersey
- ZIP Code
- 07073
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (334413)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 45
- Estimated Revenue
- $11.8M
- Rural/Urban
- Urban
- Congressional District
- NJ-09
Loan Use Breakdown
- Payroll
- $722,577
Lender Information
- Servicing Lender
- Bank of America, National Association
- Originating Lender
- Bank of America, National Association
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