# PPP loan: ROWAN TELS CORP.
> **$572K** approved 04/12/2020 · Paid in Full · Loan `4053147101`
## Borrower
- **Name:** ROWAN TELS CORP.
- **Address:** 105 S. Main St., Suite 240, Suite 240, Seattle, WA, 98104
- **NAICS:** 541618
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $534K
- **Mortgage interest:** $37K
- **Jobs reported:** 27
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*