PPP Loan information for Farmers cooperative telephone company

$55,400

Farmers cooperative telephone company was initially approved for PPP Loan of amount $55,400, the current approved amount is $55,400. The loan was approved on 04/14/2020 by The Northeast Security Bank reported 3 jobs and $55,400 was used to fund payroll.

Farmers cooperative telephone company is Existing or more than 2 years old

PPP Loan Search / IA / DYSART / Farmers cooperative telephone company

FARMERS COOPERATIVE TELEPHONE COMPANY

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARMERS COOPERATIVE TELEPHONE COMPANY

Borrower Address

332 MAIN STREET

Borrower City

DYSART

Borrower State

IA

Borrower Zip

52224-0280

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55400.00

Current Approval Amount

55400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25019

Servicing Lender Name

Northeast Security Bank

Servicing Lender Address

1150 W 1st St

Servicing Lender City

SUMNER

Servicing Lender State

IA

Servicing Lender Zip

50674-1434

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DYSART

Project County Name

TAMA

Project State

IA

Project Zip

52224-0280

CD

IA-02

Jobs Reported

3

NAICS Code

517311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55400.00

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

Corporation

Originating Lender Location Id

25019

Originating Lender

Northeast Security Bank

Originating Lender City

SUMNER

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55793.11

Forgiveness Date

01/07/2021

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