As part of the Paycheck Protection Program TELNET, 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.

TELNET, INC


Loan Amount	$2,622,800
BusinessName	TELNET, INC
Address	7630 Standish Place
City	DERWOOD
State	MD
Zip	20855
NAICSCode	541330
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	160
DateApproved	04/08/2020
Lender	Sandy Spring Bank
CD	MD-06
BusinessName.clean	TELNET

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

TELNYX
TELOCIN GROUP
TELOPHASE
TELOS RESIDENTIAL TREATMENT
TELSCO INDUSTRIES