# PPP loan: TEL-POWER, INC.
> **$433K** approved 04/08/2020 · Paid in Full · Loan `8309927004`
## Borrower
- **Name:** TEL-POWER, INC.
- **Address:** 809 TEL POWER RD, HOLLIDAYSBURG, PA, 16648-7121
- **NAICS:** 237130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $433K
- **Initial approval:** $433K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $433K
- **Jobs reported:** 33
## Lender
- **Originating:** S & T Bank
- **Servicing:** S & T Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*