As part of the Paycheck Protection Program TELAID INDUSTRIES, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

TELAID INDUSTRIES, INC


Loan Amount	$3,570,600
BusinessName	TELAID INDUSTRIES, INC
Address	13 West Main Street
City	NIANTIC
State	CT
Zip	6357
NAICSCode	541513
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	260
DateApproved	04/05/2020
Lender	People's United Bank, National Association
CD	CT-02
BusinessName.clean	TELAID INDUSTRIES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

TELAMON
TELCOM ENGINEERING GROUP
TELEDIRECT COMMUNICATIONS
TELEOPTICS COMMUNICATIONS
TELEDATA CONTRACTORS