# PPP loan: TELCOM INSURANCE SERVICES CORPORATION
> **$272K** approved 04/15/2020 · Paid in Full · Loan `1364537202`
## Borrower
- **Name:** TELCOM INSURANCE SERVICES CORPORATION
- **Address:** 6301 Ivy Lane, Suite 506, Greenbelt, MD, 20770
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $219K
- **Rent:** $778
- **Health care:** $52K
- **Jobs reported:** 18
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*