PPP Loan information for Telnet worldwide inc.

$1,875,900

Telnet worldwide inc. was initially approved for PPP Loan of amount $1,875,900, the current approved amount is $1,875,900. The loan was approved on 04/07/2020 by The CIBC Bank USA reported 154 jobs and $1,875,900 was used to fund payroll.

Telnet worldwide inc. is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Telnet worldwide inc.

TELNET WORLDWIDE INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TELNET WORLDWIDE INC.

Borrower Address

1175 W. LONG LAKE RD

Borrower City

TROY

Borrower State

MI

Borrower Zip

48098-4437

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1875900.00

Current Approval Amount

1875900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48098-4437

CD

MI-11

Jobs Reported

154

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1875900.00

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

Subchapter S Corporation

Originating Lender Location Id

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1888145.46

Forgiveness Date

12/02/2020

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