# PPP loan: TELECOM PLACEMENT, INC.
> **$803K** approved 04/08/2020 · Paid in Full · Loan `8107317000`
## Borrower
- **Name:** TELECOM PLACEMENT, INC.
- **Address:** 15405 Little Eagle Creek Avenue, Zionsville, IN, 46077-9639
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $803K
- **Initial approval:** $838K
- **Forgiven:** $809K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $803K
- **Jobs reported:** 71
## Lender
- **Originating:** The National Bank of Indianapolis
- **Servicing:** The National Bank of Indianapolis (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*