PPP Loan information for Mountain rural telephone cooperative corporation inc

$1,311,402

Mountain rural telephone cooperative corporation inc was initially approved for PPP Loan of amount $1,311,402, the current approved amount is $1,311,402. The loan was approved on 04/09/2020 by The Bank of the Mountains, Inc. reported 68 jobs and $1,311,402 was used to fund payroll.

Mountain rural telephone cooperative corporation inc is Existing or more than 2 years old

PPP Loan Search / KY / WEST LIBERTY / Mountain rural telephone cooperative corporation inc

MOUNTAIN RURAL TELEPHONE COOPERATIVE CORPORATION INC

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MOUNTAIN RURAL TELEPHONE COOPERATIVE CORPORATION INC

Borrower Address

PO BOX 399

Borrower City

WEST LIBERTY

Borrower State

KY

Borrower Zip

41472-0399

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1311402.00

Current Approval Amount

1311402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27970

Servicing Lender Name

Bank of the Mountains, Inc.

Servicing Lender Address

204 Court St

Servicing Lender City

WEST LIBERTY

Servicing Lender State

KY

Servicing Lender Zip

41472-1118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST LIBERTY

Project County Name

MORGAN

Project State

KY

Project Zip

41472-0399

CD

KY-05

Jobs Reported

68

NAICS Code

561421

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

262280.00

Payroll Proceed

1049122.00

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

Cooperative

Originating Lender Location Id

27970

Originating Lender

Bank of the Mountains, Inc.

Originating Lender City

WEST LIBERTY

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1318695.55

Forgiveness Date

11/03/2020

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