Otelco Telephone LLC

$2,975,000 PPP Loan in Oneonta, Alabama

Loan Details

Loan Number
5489797103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$2,975,000
Current Approval
$2,975,000
Forgiveness Amount
$2,944,642
Forgiveness Date
Jan 12, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Otelco Telephone LLC
Address
505 Third Avenue East,
State
Alabama
ZIP Code
35121-1415
Business Type
Limited Liability Partnership
Industry (NAICS)
Information (517911)
Business Age
Existing or more than 2 years old
Jobs Reported
201
Estimated Revenue
$33.8M
Rural/Urban
Rural
Congressional District
AL-06

Loan Use Breakdown

Payroll
$2,975,000

Lender Information

Servicing Lender
Regions Bank
Originating Lender
Regions Bank

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