# PPP loan: TEL NET SYSTEMS, INC.
> **$255K** approved 04/03/2020 · Paid in Full · Loan `4422547001`
## Borrower
- **Name:** TEL NET SYSTEMS, INC.
- **Address:** 547 S 20TH ST W Suite 2, BILLINGS, MT, 59102-6400
- **NAICS:** 541511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $255K
- **Initial approval:** $255K
- **Forgiven:** $257K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Jobs reported:** 20
## Lender
- **Originating:** The Yellowstone Bank
- **Servicing:** The Yellowstone Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*