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The Preston Telephone Company

$147,500 PPP Loan in Preston, Iowa

Loan Details

Loan Number
7728897008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$147,500
Current Approval
$147,500
Forgiveness Amount
$148,785
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Preston Telephone Company
Address
111 N Anna St
City
Preston
State
Iowa
ZIP Code
52069-9509
Business Type
Corporation
Industry (NAICS)
Information (517311)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$110,625
Utilities
$36,875

Lender Information

Servicing Lender
The Clinton National Bank
Originating Lender
The Clinton National Bank

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