PPP Loan information for Citizens mutual telephone cooperative

$233,500

Citizens mutual telephone cooperative was initially approved for PPP Loan of amount $233,500, the current approved amount is $233,500. The loan was approved on 04/14/2020 by The Success Bank reported 17 jobs and $233,500 was used to fund payroll.

Citizens mutual telephone cooperative is Existing or more than 2 years old

CITIZENS MUTUAL TELEPHONE COOPERATIVE

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CITIZENS MUTUAL TELEPHONE COOPERATIVE

Borrower Address

114 W. JEFFERSON ST

Borrower City

BLOOMFIELD

Borrower State

IA

Borrower Zip

52537-1609

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

233500.00

Current Approval Amount

233500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24607

Servicing Lender Name

Success Bank

Servicing Lender Address

109 N Madison St

Servicing Lender City

BLOOMFIELD

Servicing Lender State

IA

Servicing Lender Zip

52537-1404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMFIELD

Project County Name

DAVIS

Project State

IA

Project Zip

52537-1609

CD

IA-03

Jobs Reported

17

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8714.15

Payroll Proceed

167451.85

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

57334.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24607

Originating Lender

Success Bank

Originating Lender City

BLOOMFIELD

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

234803.71

Forgiveness Date

11/03/2020

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