PPP Loan information for Minburn telephone company

$191,400

Minburn telephone company was initially approved for PPP Loan of amount $191,400, the current approved amount is $191,400. The loan was approved on 04/04/2020 by The Raccoon Valley Bank reported 12 jobs and $191,400 was used to fund payroll.

Minburn telephone company is Existing or more than 2 years old

PPP Loan Search / IA / MINBURN / Minburn telephone company

MINBURN TELEPHONE COMPANY

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MINBURN TELEPHONE COMPANY

Borrower Address

416 CHESTNUT ST

Borrower City

MINBURN

Borrower State

IA

Borrower Zip

50167-1003

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191400.00

Current Approval Amount

191400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINBURN

Project County Name

DALLAS

Project State

IA

Project Zip

50167-1003

CD

IA-03

Jobs Reported

12

NAICS Code

517919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

191400.00

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

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

192814.23

Forgiveness Date

01/06/2021

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