PPP Loan information for Vernon communications cooperative

$725,503

Vernon communications cooperative was initially approved for PPP Loan of amount $725,503, the current approved amount is $725,503. The loan was approved on 04/14/2020 by The River Bank reported 41 jobs and $725,503 was used to fund payroll.

Vernon communications cooperative is Existing or more than 2 years old

VERNON COMMUNICATIONS COOPERATIVE

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

VERNON COMMUNICATIONS COOPERATIVE

Borrower Address

103 N. MAIN ST

Borrower City

WESTBY

Borrower State

WI

Borrower Zip

54667-1105

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

725502.50

Current Approval Amount

725502.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76816

Servicing Lender Name

River Bank

Servicing Lender Address

145 N Main St

Servicing Lender City

STODDARD

Servicing Lender State

WI

Servicing Lender Zip

54658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTBY

Project County Name

VERNON

Project State

WI

Project Zip

54667-1105

CD

WI-03

Jobs Reported

41

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

725502.50

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

76816

Originating Lender

River Bank

Originating Lender City

STODDARD

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

730177.96

Forgiveness Date

12/10/2020

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