PPP Loan information for Cooperative telephone company

$159,600

Cooperative telephone company was initially approved for PPP Loan of amount $159,600, the current approved amount is $159,600. The loan was approved on 04/28/2020 by The Keystone Savings Bank reported 11 jobs and $159,600 was used to fund payroll.

Cooperative telephone company is Existing or more than 2 years old

PPP Loan Search / IA / VICTOR / Cooperative telephone company

COOPERATIVE TELEPHONE COMPANY

Date Approved

04/28/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

COOPERATIVE TELEPHONE COMPANY

Borrower Address

704 3rd St PO Box H

Borrower City

VICTOR

Borrower State

IA

Borrower Zip

52347

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159600.00

Current Approval Amount

159600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25153

Servicing Lender Name

Keystone Savings Bank

Servicing Lender Address

330 Western Ave

Servicing Lender City

Marengo

Servicing Lender State

IA

Servicing Lender Zip

52301

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VICTOR

Project County Name

IOWA

Project State

IA

Project Zip

52347-0001

CD

IA-01

Jobs Reported

11

NAICS Code

517911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159600.00

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

25153

Originating Lender

Keystone Savings Bank

Originating Lender City

Marengo

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160584.20

Forgiveness Date

12/10/2020

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