PPP Loan information for The farmers mutual telephone company of stanton, iowa

$295,000

The farmers mutual telephone company of stanton, iowa was initially approved for PPP Loan of amount $295,000, the current approved amount is $295,000. The loan was approved on 04/05/2020 by The Houghton State Bank reported 27 jobs and $295,000 was used to fund payroll.

The farmers mutual telephone company of stanton, iowa is Existing or more than 2 years old

PPP Loan Search / IA / STANTON / The farmers mutual telephone company of stanton, iowa

THE FARMERS MUTUAL TELEPHONE COMPANY OF STANTON, IOWA

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

THE FARMERS MUTUAL TELEPHONE COMPANY OF STANTON, IOWA

Borrower Address

410 BROAD AVE

Borrower City

STANTON

Borrower State

IA

Borrower Zip

51573-8000

Loan Status Date

01/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

295000.00

Current Approval Amount

295000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25408

Servicing Lender Name

Houghton State Bank

Servicing Lender Address

116 Coolbaugh St

Servicing Lender City

RED OAK

Servicing Lender State

IA

Servicing Lender Zip

51566-2273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STANTON

Project County Name

MONTGOMERY

Project State

IA

Project Zip

51573-8000

CD

IA-03

Jobs Reported

27

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11800.00

Payroll Proceed

283200.00

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

25408

Originating Lender

Houghton State Bank

Originating Lender City

RED OAK

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

296770.00

Forgiveness Date

11/12/2020

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