Date Approved
04/10/2020
SBA Office Code
0736
Processing Method
PPP
Borrower Name
THE FARMERS AND MERCHANTS MUTUAL TELEPHONE COMPANY OF WAYLAN
Borrower Address
210 W Main St
Borrower City
WAYLAND
Borrower State
IA
Borrower Zip
52654-7615
Loan Status Date
01/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
98612.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25565
Servicing Lender Name
Wayland State Bank
Servicing Lender Address
301 S Main
Servicing Lender City
MOUNT PLEASANT
Servicing Lender State
Servicing Lender Zip
52641-2226
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENRY
Project State
Project Zip
CD
IA-01
Jobs Reported
10
NAICS Code
334210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
92860.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
5752.50
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
99165.83
Forgiveness Date
11/05/2020