Telamco

$79,250 PPP Loan in Lonsdale, Minnesota

Loan Details

Loan Number
8156507201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$79,250
Current Approval
$79,250
Forgiveness Amount
$80,105
Forgiveness Date
Jun 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Telamco
Address
636 Industrial Dr SE
ZIP Code
55046
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$71,325
Utilities
$7,925

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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