PPP Loan information for Re tele communications

$70,700

Re tele communications was initially approved for PPP Loan of amount $87,000, the current approved amount is $70,700. The loan was approved on 04/28/2020 by The Needham Bank reported 5 jobs and $70,700 was used to fund payroll.

Re tele communications is Existing or more than 2 years old

RE TELE COMMUNICATIONS

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RE TELE COMMUNICATIONS

Borrower Address

37 Franklin St

Borrower City

NEEDHAM HEIGHTS

Borrower State

MA

Borrower Zip

02494-2907

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

87000.00

Current Approval Amount

70700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEEDHAM HEIGHTS

Project County Name

NORFOLK

Project State

MA

Project Zip

02494-2907

CD

MA-04

Jobs Reported

5

NAICS Code

541618

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70700.00

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

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71118.31

Forgiveness Date

12/03/2020

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