PPP Loan information for Farmers mutual telephone cooperative

$249,239

Farmers mutual telephone cooperative was initially approved for PPP Loan of amount $249,239, the current approved amount is $249,239. The loan was approved on 05/06/2020 by The Wells Fargo Bank, National Association reported 19 jobs and $249,239 was used to fund payroll.

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

PPP Loan Search / IA / SHELLSBURG / Farmers mutual telephone cooperative

FARMERS MUTUAL TELEPHONE COOPERATIVE

Date Approved

05/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FARMERS MUTUAL TELEPHONE COOPERATIVE

Borrower Address

124 MAIN STREET

Borrower City

SHELLSBURG

Borrower State

IA

Borrower Zip

52332

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249239.00

Current Approval Amount

249239.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELLSBURG

Project County Name

BENTON

Project State

IA

Project Zip

52332-0001

CD

IA-02

Jobs Reported

19

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249239.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

252257.18

Forgiveness Date

07/28/2021

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