PPP Loan information for Daviess-martin county rural telephone corporation

$511,000

Daviess-martin county rural telephone corporation was initially approved for PPP Loan of amount $511,000, the current approved amount is $511,000. The loan was approved on 04/10/2020 by The German American Bank reported 24 jobs and $511,000 was used to fund payroll.

Daviess-martin county rural telephone corporation is Existing or more than 2 years old

PPP Loan Search / IN / MONTGOMERY / Daviess-martin county rural telephone corporation

DAVIESS-MARTIN COUNTY RURAL TELEPHONE CORPORATION

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

DAVIESS-MARTIN COUNTY RURAL TELEPHONE CORPORATION

Borrower Address

244 N MAIN ST

Borrower City

MONTGOMERY

Borrower State

IN

Borrower Zip

47558-4510

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

511000.00

Current Approval Amount

511000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTGOMERY

Project County Name

DAVIESS

Project State

IN

Project Zip

47558-4510

CD

IN-08

Jobs Reported

24

NAICS Code

517312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

511000.00

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

Cooperative

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

515508.00

Forgiveness Date

03/09/2021

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