PPP Loan information for Mechanicsville telephone company

$105,400

Mechanicsville telephone company was initially approved for PPP Loan of amount $105,400, the current approved amount is $105,400. The loan was approved on 04/07/2020 by The Central State Bank reported 5 jobs and $105,400 was used to fund payroll.

Mechanicsville telephone company is Existing or more than 2 years old

PPP Loan Search / IA / MECHANICSVILLE / Mechanicsville telephone company

MECHANICSVILLE TELEPHONE COMPANY

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MECHANICSVILLE TELEPHONE COMPANY

Borrower Address

107 N. John St.

Borrower City

MECHANICSVILLE

Borrower State

IA

Borrower Zip

52306

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105400.00

Current Approval Amount

105400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25502

Servicing Lender Name

Central State Bank

Servicing Lender Address

109 W Main St

Servicing Lender City

STATE CENTER

Servicing Lender State

IA

Servicing Lender Zip

50247-7769

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MECHANICSVILLE

Project County Name

CEDAR

Project State

IA

Project Zip

52306-0001

CD

IA-01

Jobs Reported

5

NAICS Code

517311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105400.00

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

25502

Originating Lender

Central State Bank

Originating Lender City

STATE CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98326.58

Forgiveness Date

01/08/2021

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