PPP Loan information for Kalona co-operative telephone company

$239,267

Kalona co-operative telephone company was initially approved for PPP Loan of amount $239,267, the current approved amount is $239,267. The loan was approved on 03/17/2021 by The Hills Bank and Trust Company reported 19 jobs and $239,267 was used to fund payroll.

Kalona co-operative telephone company is Existing or more than 2 years old

PPP Loan Search / IA / Kalona / Kalona co-operative telephone company

KALONA CO-OPERATIVE TELEPHONE COMPANY

Date Approved

03/17/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

KALONA CO-OPERATIVE TELEPHONE COMPANY

Borrower Address

510 B Ave

Borrower City

Kalona

Borrower State

IA

Borrower Zip

52247-7720

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

239267.00

Current Approval Amount

239267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25080

Servicing Lender Name

Hills Bank and Trust Company

Servicing Lender Address

131 Main St

Servicing Lender City

HILLS

Servicing Lender State

IA

Servicing Lender Zip

52235

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kalona

Project County Name

WASHINGTON

Project State

IA

Project Zip

52247-7720

CD

IA-01

Jobs Reported

19

NAICS Code

517311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

239265.00

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

25080

Originating Lender

Hills Bank and Trust Company

Originating Lender City

HILLS

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

240503.21

Forgiveness Date

09/22/2021

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