PPP Loan information for Marquette-adams telephone cooperative inc

$551,200

Marquette-adams telephone cooperative inc was initially approved for PPP Loan of amount $551,200, the current approved amount is $551,200. The loan was approved on 04/15/2020 by The Royal Bank reported 25 jobs and $551,200 was used to fund payroll.

Marquette-adams telephone cooperative inc is Existing or more than 2 years old

PPP Loan Search / WI / OXFORD / Marquette-adams telephone cooperative inc

MARQUETTE-ADAMS TELEPHONE COOPERATIVE INC

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MARQUETTE-ADAMS TELEPHONE COOPERATIVE INC

Borrower Address

113 N OXFORD ST

Borrower City

OXFORD

Borrower State

WI

Borrower Zip

53952-7106

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

551200.00

Current Approval Amount

551200.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OXFORD

Project County Name

MARQUETTE

Project State

WI

Project Zip

53952-7106

CD

WI-06

Jobs Reported

25

NAICS Code

517311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8600.00

Payroll Proceed

479100.00

Mortgage Interest Proceed

0.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

57500

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

555180.89

Forgiveness Date

01/08/2021

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