PPP Loan information for Rochester telephone company inc

$909,100

Rochester telephone company inc was initially approved for PPP Loan of amount $909,100, the current approved amount is $909,100. The loan was approved on 02/04/2021 by The 1st Source Bank reported 47 jobs and $909,100 was used to fund payroll.

Rochester telephone company inc is Existing or more than 2 years old

PPP Loan Search / IN / Rochester / Rochester telephone company inc

ROCHESTER TELEPHONE COMPANY INC

Date Approved

02/04/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

ROCHESTER TELEPHONE COMPANY INC

Borrower Address

117 W 8th St

Borrower City

Rochester

Borrower State

IN

Borrower Zip

46975-1509

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

909100.00

Current Approval Amount

909100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

FULTON

Project State

IN

Project Zip

46975-1509

CD

IN-02

Jobs Reported

47

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

909098.00

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

Subchapter S Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

918418.28

Forgiveness Date

02/10/2022

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