Telnet, INC

$2,622,900 PPP Loan in Derwood, Maryland

Loan Details

Loan Number
8510217005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,622,900
Current Approval
$2,622,800
Forgiveness Amount
$2,657,795
Forgiveness Date
Aug 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Telnet, INC
Address
7630 Standish Place
ZIP Code
20855-2804
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
160
Estimated Revenue
$19.7M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$2,622,800

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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