Federated Telephone Cooperative
$411,600 PPP Loan in Chokio, Minnesota
Loan Details
- Loan Number
- 8044347000
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $411,600
- Current Approval
- $411,600
- Forgiveness Amount
- $415,590
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Federated Telephone Cooperative
- Address
- Po Box 156, 405 2nd Street East
- City
- Chokio
- State
- Minnesota
- ZIP Code
- 56221-0156
- Business Type
- Cooperative
- Industry (NAICS)
- Information (517311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 19
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $411,600
Lender Information
- Servicing Lender
- Dacotah Bank
- Originating Lender
- Dacotah Bank
Other PPP Loans in Chokio, MN
| Business | Approved | |
|---|---|---|
| Thorstad Companies | $437,000 | |
| Thorstad Companies | $437,000 | |
| Tri County Cooperative Oil Association | $186,402 | |
| Tri County Cooperative Oil Association | $157,500 | |
| Hooter's Lumber, Inc. | $74,005 |
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