PPP Loan information for Farmers telephone company

$103,000

Farmers telephone company was initially approved for PPP Loan of amount $103,000, the current approved amount is $103,000. The loan was approved on 05/19/2020 by The The First National Bank in Creston reported 6 jobs and $103,000 was used to fund payroll.

Farmers telephone company is Existing or more than 2 years old

FARMERS TELEPHONE COMPANY

Date Approved

05/19/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARMERS TELEPHONE COMPANY

Borrower Address

615 IOWA AVE

Borrower City

ESSEX

Borrower State

IA

Borrower Zip

51638-3084

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103000.00

Current Approval Amount

103000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24817

Servicing Lender Name

The First National Bank in Creston

Servicing Lender Address

101 W Adams St

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESSEX

Project County Name

PAGE

Project State

IA

Project Zip

51638-3084

CD

IA-03

Jobs Reported

6

NAICS Code

517919

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24817

Originating Lender

The First National Bank in Creston

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103463.50

Forgiveness Date

11/05/2020

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