PPP Loan information for Ben lomand rural telephone cooperative, inc.

$1,668,619

Ben lomand rural telephone cooperative, inc. was initially approved for PPP Loan of amount $1,682,303, the current approved amount is $1,668,619. The loan was approved on 05/06/2020 by The The First National Bank of Middle Tennessee reported 106 jobs and $1,668,619 was used to fund payroll.

Ben lomand rural telephone cooperative, inc. is Existing or more than 2 years old

PPP Loan Search / TN / MCMINNVILLE / Ben lomand rural telephone cooperative, inc.

BEN LOMAND RURAL TELEPHONE COOPERATIVE, INC.

Date Approved

05/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BEN LOMAND RURAL TELEPHONE COOPERATIVE, INC.

Borrower Address

311 N Chancery St

Borrower City

MCMINNVILLE

Borrower State

TN

Borrower Zip

37110-2047

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1682302.50

Current Approval Amount

1668619.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67227

Servicing Lender Name

The First National Bank of Middle Tennessee

Servicing Lender Address

200 E Main St

Servicing Lender City

MCMINNVILLE

Servicing Lender State

TN

Servicing Lender Zip

37110-2508

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MCMINNVILLE

Project County Name

WARREN

Project State

TN

Project Zip

37110-2047

CD

TN-04

Jobs Reported

106

NAICS Code

517311

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1668619.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

67227

Originating Lender

The First National Bank of Middle Tennessee

Originating Lender City

MCMINNVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1680299.33

Forgiveness Date

01/25/2021

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