# PPP loan: TELARRAY, INC.
> **$390K** approved 04/10/2020 · Paid in Full · Loan `2249337102`
## Borrower
- **Name:** TELARRAY, INC.
- **Address:** 700 COLONIAL RD, MEMPHIS, TN, 38117-5123
- **NAICS:** 523930
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $390K
- **Initial approval:** $390K
- **Forgiven:** $395K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Jobs reported:** 21
## Lender
- **Originating:** Independent Bank
- **Servicing:** Independent Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*