# PPP loan: TELESTO GROUP LLC
> **$1.26M** approved 02/09/2021 · Paid in Full · Loan `5616008405`
## Borrower
- **Name:** TELESTO GROUP LLC
- **Address:** 1641 Worthington Rd Ste 140, West Palm Beach, FL, 33409-6703
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.26M (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.26M
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*