PPP Loan information for Lone rock cooperative telephone company

$42,443

Lone rock cooperative telephone company was initially approved for PPP Loan of amount $42,443, the current approved amount is $42,443. The loan was approved on 04/30/2021 by The Security State Bank reported 3 jobs and $42,443 was used to fund payroll.

Lone rock cooperative telephone company is Existing or more than 2 years old

LONE ROCK COOPERATIVE TELEPHONE COMPANY

Date Approved

04/30/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LONE ROCK COOPERATIVE TELEPHONE COMPANY

Borrower Address

215 Maine St

Borrower City

Lone Rock

Borrower State

IA

Borrower Zip

50559-8566

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42443.07

Current Approval Amount

42443.07

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24641

Servicing Lender Name

Security State Bank

Servicing Lender Address

1 East State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2641

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lone Rock

Project County Name

KOSSUTH

Project State

IA

Project Zip

50559-8566

CD

IA-04

Jobs Reported

3

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42440.07

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

Non-Profit Organization

Originating Lender Location Id

24641

Originating Lender

Security State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

42784.97

Forgiveness Date

02/25/2022

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