PPP Loan information for Twin lakes telephone cooperative corporation

$2,283,652

Twin lakes telephone cooperative corporation was initially approved for PPP Loan of amount $2,283,652, the current approved amount is $2,283,652. The loan was approved on 04/09/2020 by The First Horizon Bank reported 150 jobs and $2,283,652 was used to fund payroll.

Twin lakes telephone cooperative corporation is Existing or more than 2 years old

TWIN LAKES TELEPHONE COOPERATIVE CORPORATION

Date Approved

04/09/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

TWIN LAKES TELEPHONE COOPERATIVE CORPORATION

Borrower Address

200 Telephone Lane

Borrower City

GAINESBORO

Borrower State

TN

Borrower Zip

38562-9501

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2283652.00

Current Approval Amount

2283652.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GAINESBORO

Project County Name

JACKSON

Project State

TN

Project Zip

38562-9501

CD

TN-06

Jobs Reported

150

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

33652.00

Payroll Proceed

2100000.00

Mortgage Interest Proceed

150000.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2310104.30

Forgiveness Date

06/22/2021

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