# PPP loan: DATA-TELE CONTRACTORS INC
> **$1.24M** approved 01/27/2021 · Paid in Full · Loan `6535868310`
## Borrower
- **Name:** DATA-TELE CONTRACTORS INC
- **Address:** 657 Maple Ave, Ridgefield, NJ, 07657-1214
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.24M (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.23M
- **Utilities:** $1
- **Jobs reported:** 84
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*