PPP Loan information for Farmers' mutual telephone company

$167,600

Farmers' mutual telephone company was initially approved for PPP Loan of amount $167,600, the current approved amount is $167,600. The loan was approved on 04/07/2020 by The Farmers State Bank reported 14 jobs and $167,600 was used to fund payroll.

Farmers' mutual telephone company is Existing or more than 2 years old

FARMERS' MUTUAL TELEPHONE COMPANY

Date Approved

04/07/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FARMERS' MUTUAL TELEPHONE COMPANY

Borrower Address

541 Young St

Borrower City

JESUP

Borrower State

IA

Borrower Zip

50648-1180

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167600.00

Current Approval Amount

167600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25124

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

131 Tower Park Dr, Ste 100

Servicing Lender City

WATERLOO

Servicing Lender State

IA

Servicing Lender Zip

50701-9374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JESUP

Project County Name

BUCHANAN

Project State

IA

Project Zip

50648-1180

CD

IA-02

Jobs Reported

14

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

167600.00

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

25124

Originating Lender

Farmers State Bank

Originating Lender City

WATERLOO

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168740.61

Forgiveness Date

12/15/2020

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