Daviess-Martin County Rural Telephone Corporation

$511,000 PPP Loan in Montgomery, Indiana

Loan Details

Loan Number
1563287104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$511,000
Current Approval
$511,000
Forgiveness Amount
$515,508
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Daviess-Martin County Rural Telephone Corporation
Address
244 N Main St
State
Indiana
ZIP Code
47558-4510
Business Type
Cooperative
Industry (NAICS)
Information (517312)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-08

Loan Use Breakdown

Payroll
$511,000

Lender Information

Servicing Lender
German American Bank
Originating Lender
German American Bank

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