# PPP loan: TELECOM LLC
> **$404K** approved 04/05/2020 · Paid in Full · Loan `5069997010`
## Borrower
- **Name:** TELECOM LLC
- **Address:** 10401 N Meridian St Suite 401, INDIANAPOLIS, IN, 46290-1158
- **NAICS:** 517911
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $406K (101%)
- **Forgiveness date:** 01/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $323K
- **Rent:** $30K
- **Utilities:** $20K
- **Health care:** $6K
- **Debt interest:** $25K
- **Jobs reported:** 20
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*