Mon-Cre Telephone Cooperative INC

$286,830 PPP Loan in Ramer, Alabama

Loan Details

Loan Number
7211797010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$286,830
Current Approval
$286,830
Forgiveness Amount
$288,495
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mon-Cre Telephone Cooperative INC
Address
227 Main St P O Box 125
City
Ramer
State
Alabama
ZIP Code
36069-5736
Business Type
Cooperative
Industry (NAICS)
Other Services (except Public Administration) (811213)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$229,464
Utilities
$57,366

Lender Information

Servicing Lender
First Citizens Bank
Originating Lender
First Citizens Bank

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