PPP Loan information for La valle telephone cooperative

$170,100

La valle telephone cooperative was initially approved for PPP Loan of amount $170,100, the current approved amount is $170,100. The loan was approved on 04/09/2020 by The Royal Bank reported 11 jobs and $170,100 was used to fund payroll.

La valle telephone cooperative is Existing or more than 2 years old

LA VALLE TELEPHONE COOPERATIVE

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

LA VALLE TELEPHONE COOPERATIVE

Borrower Address

108 W MAIN ST

Borrower City

LA VALLE

Borrower State

WI

Borrower Zip

53941-9563

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170100.00

Current Approval Amount

170100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75799

Servicing Lender Name

Royal Bank

Servicing Lender Address

202 Main St

Servicing Lender City

ELROY

Servicing Lender State

WI

Servicing Lender Zip

53929-1252

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LA VALLE

Project County Name

SAUK

Project State

WI

Project Zip

53941-9563

CD

WI-03

Jobs Reported

11

NAICS Code

334210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

142400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

27700.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

75799

Originating Lender

Royal Bank

Originating Lender City

ELROY

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

171281.25

Forgiveness Date

12/28/2020

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