PPP Loan information for Telecommunications development corp

$574,400

Telecommunications development corp was initially approved for PPP Loan of amount $574,400, the current approved amount is $574,400. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 27 jobs and $574,400 was used to fund payroll.

Telecommunications development corp is Existing or more than 2 years old

PPP Loan Search / DC / WASHINGTON / Telecommunications development corp

TELECOMMUNICATIONS DEVELOPMENT CORP

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

TELECOMMUNICATIONS DEVELOPMENT CORP

Borrower Address

1919 13TH ST, NW

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20009

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

574400.00

Current Approval Amount

574400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20009-0239

CD

DC-

Jobs Reported

27

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

574400.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

581214.12

Forgiveness Date

07/02/2021

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