PPP Loan information for Channel communications inc

$81,407

Channel communications inc was initially approved for PPP Loan of amount $81,407, the current approved amount is $81,407. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 3 jobs and $81,407 was used to fund payroll.

Channel communications inc is New Business or 2 years or less

CHANNEL COMMUNICATIONS INC

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CHANNEL COMMUNICATIONS INC

Borrower Address

401 WASHINGTON AVE STE 205

Borrower City

TOWSON

Borrower State

MD

Borrower Zip

21204-4839

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81407.00

Current Approval Amount

81407.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TOWSON

Project County Name

BALTIMORE

Project State

MD

Project Zip

21204-4839

CD

MD-02

Jobs Reported

3

NAICS Code

541810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81407.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

82031.49

Forgiveness Date

02/09/2021

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