PPP Loan information for Terril telephone cooperative

$55,480

Terril telephone cooperative was initially approved for PPP Loan of amount $55,480, the current approved amount is $55,480. The loan was approved on 04/28/2020 by The The State Bank reported 4 jobs and $55,480 was used to fund payroll.

Terril telephone cooperative is Existing or more than 2 years old

PPP Loan Search / IA / TERRIL / Terril telephone cooperative

TERRIL TELEPHONE COOPERATIVE

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TERRIL TELEPHONE COOPERATIVE

Borrower Address

107 STATE STREET PO BOX 100

Borrower City

TERRIL

Borrower State

IA

Borrower Zip

51364-0100

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55480.00

Current Approval Amount

55480.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25496

Servicing Lender Name

The State Bank

Servicing Lender Address

1902 Hill Ave

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1212

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TERRIL

Project County Name

DICKINSON

Project State

IA

Project Zip

51364-0100

CD

IA-04

Jobs Reported

4

NAICS Code

517911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55480.00

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

25496

Originating Lender

The State Bank

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55753.60

Forgiveness Date

11/05/2020

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