PPP Loan information for Grand mound cooperative telephone association

$71,135

Grand mound cooperative telephone association was initially approved for PPP Loan of amount $71,135, the current approved amount is $71,135. The loan was approved on 04/06/2020 by The First Trust and Savings Bank reported 5 jobs and $71,135 was used to fund payroll.

Grand mound cooperative telephone association is Existing or more than 2 years old

GRAND MOUND COOPERATIVE TELEPHONE ASSOCIATION

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

GRAND MOUND COOPERATIVE TELEPHONE ASSOCIATION

Borrower Address

705 Clinton St

Borrower City

GRAND MOUND

Borrower State

IA

Borrower Zip

52751-7707

Loan Status Date

10/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71135.00

Current Approval Amount

71135.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25605

Servicing Lender Name

First Trust and Savings Bank

Servicing Lender Address

123 S Main St

Servicing Lender City

WHEATLAND

Servicing Lender State

IA

Servicing Lender Zip

52777

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND MOUND

Project County Name

CLINTON

Project State

IA

Project Zip

52751-7707

CD

IA-01

Jobs Reported

5

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71135.00

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

25605

Originating Lender

First Trust and Savings Bank

Originating Lender City

WHEATLAND

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71476.06

Forgiveness Date

10/09/2020

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