# PPP loan: THE COMTEL GROUP, INC.
> **$154K** approved 04/07/2020 · Paid in Full · Loan `6629917001`
## Borrower
- **Name:** THE COMTEL GROUP, INC.
- **Address:** 2151 MICHELSON DR, Suite 230, IRVINE, CA, 92612-0305
- **NAICS:** 561499
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $125K
- **Rent:** $21K
- **Utilities:** $1K
- **Health care:** $7K
- **Jobs reported:** 10
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*