Tel-Instrument Electronics Corp

$722,577 PPP Loan in East Rutherford, New Jersey

Loan Details

Loan Number
9269038504
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$722,577
Current Approval
$722,577
Forgiveness Amount
$726,200
Forgiveness Date
Sep 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Tel-Instrument Electronics Corp
Address
1 Branca Rd
ZIP Code
07073-2175
Business Type
Corporation
Industry (NAICS)
Manufacturing (334419)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$12.0M
Rural/Urban
Urban
Congressional District
NJ-09

Loan Use Breakdown

Payroll
$722,574
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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