Telco Inc.

$399,142 PPP Loan in Reading, Pennsylvania

Loan Details

Loan Number
8805667106
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$399,142
Current Approval
$399,142
Forgiveness Amount
$401,441
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Telco Inc.
Address
1224 Cross Keys Road
ZIP Code
19605
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
PA-04

Loan Use Breakdown

Payroll
$363,314
Rent
$7,828
Utilities
$1,500
Health Care
$25,000
Debt Interest
$1,500

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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