PPP Loan information for Bledsoe telephone cooperative, inc

$1,214,030

Bledsoe telephone cooperative, inc was initially approved for PPP Loan of amount $1,214,030, the current approved amount is $1,214,030. The loan was approved on 04/15/2020 by The Mountain Valley Bank reported 59 jobs and $1,214,030 was used to fund payroll.

Bledsoe telephone cooperative, inc is Existing or more than 2 years old

PPP Loan Search / TN / Pikeville / Bledsoe telephone cooperative, inc

BLEDSOE TELEPHONE COOPERATIVE, INC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BLEDSOE TELEPHONE COOPERATIVE, INC

Borrower Address

338 Cumberland Avenue

Borrower City

Pikeville

Borrower State

TN

Borrower Zip

37367

Loan Status Date

02/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1214030.00

Current Approval Amount

1214030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66942

Servicing Lender Name

Mountain Valley Bank

Servicing Lender Address

17114 Rankin Ave

Servicing Lender City

DUNLAP

Servicing Lender State

TN

Servicing Lender Zip

37327-7032

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pikeville

Project County Name

BLEDSOE

Project State

TN

Project Zip

37367-0001

CD

TN-04

Jobs Reported

59

NAICS Code

517911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

242806.00

Payroll Proceed

971224.00

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

66942

Originating Lender

Mountain Valley Bank

Originating Lender City

DUNLAP

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1223343.11

Forgiveness Date

02/01/2021

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