PPP Loan information for Farmers mutual telephone company

$423,100

Farmers mutual telephone company was initially approved for PPP Loan of amount $423,100, the current approved amount is $423,100. The loan was approved on 04/15/2020 by The First Citizens Bank reported 26 jobs and $423,100 was used to fund payroll.

Farmers mutual telephone company is Existing or more than 2 years old

PPP Loan Search / IA / NORA SPRINGS / Farmers mutual telephone company

FARMERS MUTUAL TELEPHONE COMPANY

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARMERS MUTUAL TELEPHONE COMPANY

Borrower Address

608 E Congress St.

Borrower City

NORA SPRINGS

Borrower State

IA

Borrower Zip

50458-8634

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

423100.00

Current Approval Amount

423100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORA SPRINGS

Project County Name

FLOYD

Project State

IA

Project Zip

50458-8634

CD

IA-02

Jobs Reported

26

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

423100.00

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

Corporation

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

425579.84

Forgiveness Date

11/19/2020

;