PPP Loan information for Mon-cre telephone cooperative inc

$286,830

Mon-cre telephone cooperative inc was initially approved for PPP Loan of amount $286,830, the current approved amount is $286,830. The loan was approved on 04/07/2020 by The First Citizens Bank reported 15 jobs and $286,830 was used to fund payroll.

Mon-cre telephone cooperative inc is Existing or more than 2 years old

MON-CRE TELEPHONE COOPERATIVE INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MON-CRE TELEPHONE COOPERATIVE INC

Borrower Address

227 MAIN ST P O BOX 125

Borrower City

RAMER

Borrower State

AL

Borrower Zip

36069-5736

Loan Status Date

02/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

286830.00

Current Approval Amount

286830.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2084

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

100 W Third St

Servicing Lender City

LUVERNE

Servicing Lender State

AL

Servicing Lender Zip

36049-1347

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RAMER

Project County Name

MONTGOMERY

Project State

AL

Project Zip

36069-5736

CD

AL-02

Jobs Reported

15

NAICS Code

811213

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

57366.00

Payroll Proceed

229464.00

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

2084

Originating Lender

First Citizens Bank

Originating Lender City

LUVERNE

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

288495.21

Forgiveness Date

11/03/2020

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