PPP Loan information for West liberty telephone company

$277,700

West liberty telephone company was initially approved for PPP Loan of amount $277,700, the current approved amount is $277,700. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 18 jobs and $277,700 was used to fund payroll.

West liberty telephone company is New Business or 2 years or less

WEST LIBERTY TELEPHONE COMPANY

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WEST LIBERTY TELEPHONE COMPANY

Borrower Address

413 N CALHOUN ST

Borrower City

WEST LIBERTY

Borrower State

IA

Borrower Zip

52776

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

277700.00

Current Approval Amount

277700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WEST LIBERTY

Project County Name

MUSCATINE

Project State

IA

Project Zip

52776-0040

CD

IA-01

Jobs Reported

18

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

277700.00

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

Subchapter S Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

279427.91

Forgiveness Date

12/16/2020

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