Wellman Cooperative Telephone Association

$156,795 PPP Loan in Wellman, Iowa

Loan Details

Loan Number
2991608504
Date Approved
Feb 22, 2021
Loan Status
Paid in Full
Initial Approval
$156,795
Current Approval
$156,795
Forgiveness Amount
$157,581
Forgiveness Date
Sep 1, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Wellman Cooperative Telephone Association
Address
305 8th Ave
State
Iowa
ZIP Code
52356-9311
Business Type
Cooperative
Industry (NAICS)
Information (511140)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$156,793
Utilities
$1

Lender Information

Servicing Lender
Federation Bank
Originating Lender
Federation Bank

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