# PPP loan: JAMES TELECO, INC
> **$155K** approved 04/07/2020 · Paid in Full · Loan `7453577006`
## Borrower
- **Name:** JAMES TELECO, INC
- **Address:** 341 EDGAR LEESVILLE RD, CUERO, TX, 77954-6903
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $116K
- **Mortgage interest:** $19K
- **Utilities:** $19K
- **Jobs reported:** 14
## Lender
- **Originating:** Crossroads Bank
- **Servicing:** Crossroads Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*