# PPP loan: MEGATEL NETCOM CORPORATION
> **$195K** approved 04/30/2020 · Paid in Full · Loan `5950747305`
## Borrower
- **Name:** MEGATEL NETCOM CORPORATION
- **Address:** 11100 Valley Blvd., Suite 202, El Monte, CA, 91731
- **NAICS:** 517911
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 16
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*