Minnesota Valley Telephone Co.

$63,397 PPP Loan in Franklin, Minnesota

Loan Details

Loan Number
4105987207
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$63,397
Current Approval
$63,397
Forgiveness Amount
$63,839
Forgiveness Date
Jan 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Minnesota Valley Telephone Co.
Address
340 2nd Ave E
ZIP Code
55333
Business Type
Corporation
Industry (NAICS)
Information (517311)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$47,548
Utilities
$15,849

Lender Information

Servicing Lender
First Independent Bank
Originating Lender
First Independent Bank

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