PPP Loan information for Telecom management group inc

$201,146

Telecom management group inc was initially approved for PPP Loan of amount $201,146, the current approved amount is $201,146. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 18 jobs and $201,146 was used to fund payroll.

Telecom management group inc is New Business or 2 years or less

TELECOM MANAGEMENT GROUP INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

TELECOM MANAGEMENT GROUP INC

Borrower Address

1280 IROQUOIS AVE STE 200

Borrower City

NAPERVILLE

Borrower State

IL

Borrower Zip

60563-8558

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201146.00

Current Approval Amount

201146.00

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

NAPERVILLE

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-8558

CD

IL-11

Jobs Reported

18

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201146.00

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

189537.25

Forgiveness Date

10/28/2021

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