PPP Loan information for Farmers mutual cooperative telephone company, inc.

$36,300

Farmers mutual cooperative telephone company, inc. was initially approved for PPP Loan of amount $36,300, the current approved amount is $36,300. The loan was approved on 04/07/2020 by The Success Bank reported 3 jobs and $36,300 was used to fund payroll.

Farmers mutual cooperative telephone company, inc. is Existing or more than 2 years old

FARMERS MUTUAL COOPERATIVE TELEPHONE COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARMERS MUTUAL COOPERATIVE TELEPHONE COMPANY, INC.

Borrower Address

101 N. MAIN ST

Borrower City

MOULTON

Borrower State

IA

Borrower Zip

52572-1317

Loan Status Date

11/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36300.00

Current Approval Amount

36300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24607

Servicing Lender Name

Success Bank

Servicing Lender Address

109 N Madison St

Servicing Lender City

BLOOMFIELD

Servicing Lender State

IA

Servicing Lender Zip

52537-1404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOULTON

Project County Name

APPANOOSE

Project State

IA

Project Zip

52572-1317

CD

IA-03

Jobs Reported

3

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27691.31

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8608.69

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

24607

Originating Lender

Success Bank

Originating Lender City

BLOOMFIELD

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36480.49

Forgiveness Date

10/13/2020

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