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
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

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