# PPP loan: TELENIX CORPORATION
> **$367K** approved 04/15/2020 · Paid in Full · Loan `2106057202`
## Borrower
- **Name:** TELENIX CORPORATION
- **Address:** 9194 Red Branch Road, Suite K, COLUMBIA, MD, 21045
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $367K
- **Initial approval:** $367K
- **Forgiven:** $374K (102%)
- **Forgiveness date:** 04/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Utilities:** $92K
- **Jobs reported:** 12
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*