PPP Loan information for Stratford mutual telephone company

$130,600

Stratford mutual telephone company was initially approved for PPP Loan of amount $130,600, the current approved amount is $130,600. The loan was approved on 04/07/2020 by The Security Savings Bank reported 9 jobs and $130,600 was used to fund payroll.

Stratford mutual telephone company is Existing or more than 2 years old

STRATFORD MUTUAL TELEPHONE COMPANY

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

STRATFORD MUTUAL TELEPHONE COMPANY

Borrower Address

1001 Tennyson Ave P.O. Box 438

Borrower City

STRATFORD

Borrower State

IA

Borrower Zip

50249-7725

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130600.00

Current Approval Amount

130600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24997

Servicing Lender Name

Security Savings Bank

Servicing Lender Address

1015 Market St

Servicing Lender City

GOWRIE

Servicing Lender State

IA

Servicing Lender Zip

50543-7597

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STRATFORD

Project County Name

HAMILTON

Project State

IA

Project Zip

50249-7725

CD

IA-04

Jobs Reported

9

NAICS Code

517311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

130600.00

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

24997

Originating Lender

Security Savings Bank

Originating Lender City

GOWRIE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131731.87

Forgiveness Date

02/17/2021

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