# PPP loan: TELEBYTE INC.
> **$193K** approved 04/28/2020 · Paid in Full · Loan `1488737303`
## Borrower
- **Name:** TELEBYTE INC.
- **Address:** 355 Marcus Blvd, Hauppauge, NY, 11788
- **NAICS:** 334290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 13
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*