PPP Loan information for The preston telephone company

$147,500

The preston telephone company was initially approved for PPP Loan of amount $147,500, the current approved amount is $147,500. The loan was approved on 04/08/2020 by The The Clinton National Bank reported 8 jobs and $147,500 was used to fund payroll.

The preston telephone company is Existing or more than 2 years old

THE PRESTON TELEPHONE COMPANY

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

THE PRESTON TELEPHONE COMPANY

Borrower Address

111 N Anna St

Borrower City

PRESTON

Borrower State

IA

Borrower Zip

52069-9509

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147500.00

Current Approval Amount

147500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24778

Servicing Lender Name

The Clinton National Bank

Servicing Lender Address

235 6th Ave S

Servicing Lender City

CLINTON

Servicing Lender State

IA

Servicing Lender Zip

52732-4305

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRESTON

Project County Name

JACKSON

Project State

IA

Project Zip

52069-9509

CD

IA-01

Jobs Reported

8

NAICS Code

517311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

36875.00

Payroll Proceed

110625.00

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

24778

Originating Lender

The Clinton National Bank

Originating Lender City

CLINTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

148785.07

Forgiveness Date

03/02/2021

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