# PPP loan: NU-TEL COMMUNICATIONS
> **$173K** approved 04/15/2020 · Paid in Full · Loan `8572627103`
## Borrower
- **Name:** NU-TEL COMMUNICATIONS
- **Address:** 376 HOLLYWOOD AVE STE 108, FAIRFIELD, NJ, 07004-1807
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $147K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 9
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*