PPP Loan information for Clay county rural telephone cooperative, inc

$1,356,500

Clay county rural telephone cooperative, inc was initially approved for PPP Loan of amount $1,356,500, the current approved amount is $1,356,500. The loan was approved on 06/05/2020 by The First National Bank reported 87 jobs and $1,356,500 was used to fund payroll.

Clay county rural telephone cooperative, inc is Existing or more than 2 years old

PPP Loan Search / IN / CLOVERDALE / Clay county rural telephone cooperative, inc

CLAY COUNTY RURAL TELEPHONE COOPERATIVE, INC

Date Approved

06/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CLAY COUNTY RURAL TELEPHONE COOPERATIVE, INC

Borrower Address

2 S WEST ST

Borrower City

CLOVERDALE

Borrower State

IN

Borrower Zip

46120-9382

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1356500.00

Current Approval Amount

1356500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22995

Servicing Lender Name

First National Bank

Servicing Lender Address

302 S Main St

Servicing Lender City

CLOVERDALE

Servicing Lender State

IN

Servicing Lender Zip

46120-8651

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLOVERDALE

Project County Name

PUTNAM

Project State

IN

Project Zip

46120-9382

CD

IN-04

Jobs Reported

87

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1356500.00

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

Non-Profit Organization

Originating Lender Location Id

22995

Originating Lender

First National Bank

Originating Lender City

CLOVERDALE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1367615.76

Forgiveness Date

04/19/2021

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