PPP Loan information for Mutual telephone company of sioux center, iowa

$1,402,600

Mutual telephone company of sioux center, iowa was initially approved for PPP Loan of amount $1,402,600, the current approved amount is $1,402,600. The loan was approved on 04/04/2020 by The American State Bank reported 85 jobs and $1,402,600 was used to fund payroll.

Mutual telephone company of sioux center, iowa is Existing or more than 2 years old

MUTUAL TELEPHONE COMPANY OF SIOUX CENTER, IOWA

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MUTUAL TELEPHONE COMPANY OF SIOUX CENTER, IOWA

Borrower Address

339 1st Ave NE

Borrower City

SIOUX CENTER

Borrower State

IA

Borrower Zip

51250-1411

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1402600.00

Current Approval Amount

1402600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CENTER

Project County Name

SIOUX

Project State

IA

Project Zip

51250-1411

CD

IA-04

Jobs Reported

85

NAICS Code

517311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1402600.00

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

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1414781.48

Forgiveness Date

02/25/2021

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