PPP Loan information for Ringsted telephone company

$80,500

Ringsted telephone company was initially approved for PPP Loan of amount $80,500, the current approved amount is $80,500. The loan was approved on 07/28/2020 by The NorthStar Bank reported 5 jobs and $80,500 was used to fund payroll.

Ringsted telephone company is Existing or more than 2 years old

RINGSTED TELEPHONE COMPANY

Date Approved

07/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RINGSTED TELEPHONE COMPANY

Borrower Address

19 W MAPLE ST

Borrower City

RINGSTED

Borrower State

IA

Borrower Zip

50578-5073

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

80500.00

Current Approval Amount

80500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121473

Servicing Lender Name

NorthStar Bank

Servicing Lender Address

2202 Central Ave

Servicing Lender City

ESTHERVILLE

Servicing Lender State

IA

Servicing Lender Zip

51334-2461

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RINGSTED

Project County Name

EMMET

Project State

IA

Project Zip

50578-5073

CD

IA-04

Jobs Reported

5

NAICS Code

517919

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80500.00

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

121473

Originating Lender

NorthStar Bank

Originating Lender City

ESTHERVILLE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

80788.92

Forgiveness Date

12/10/2020

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