PPP Loan information for Otelco telephone llc

$2,975,000

Otelco telephone llc was initially approved for PPP Loan of amount $2,975,000, the current approved amount is $2,975,000. The loan was approved on 04/13/2020 by The Regions Bank reported 201 jobs and $2,975,000 was used to fund payroll.

Otelco telephone llc is Existing or more than 2 years old

OTELCO TELEPHONE LLC

Date Approved

04/13/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

OTELCO TELEPHONE LLC

Borrower Address

505 Third Avenue East,

Borrower City

Oneonta

Borrower State

AL

Borrower Zip

35121-1415

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2975000.00

Current Approval Amount

2975000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oneonta

Project County Name

BLOUNT

Project State

AL

Project Zip

35121-1415

CD

AL-06

Jobs Reported

201

NAICS Code

517911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2975000.00

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

Limited Liability Partnership

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2944641.70

Forgiveness Date

01/12/2022

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