Local Internet Service Company
$379,500 PPP Loan in Fairfield, Iowa
Loan Details
- Loan Number
- 8966837001
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $379,500
- Current Approval
- $379,500
- Forgiveness Amount
- $383,042
- Forgiveness Date
- Mar 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Local Internet Service Company
- Address
- 1680 Highway 1, Suite 1500
- City
- Fairfield
- State
- Iowa
- ZIP Code
- 52556-9119
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 37
- Estimated Revenue
- $5.2M
- Rural/Urban
- Rural
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $320,000
- Utilities
- $9,500
- Mortgage Interest
- $40,000
- Debt Interest
- $10,000
Lender Information
- Servicing Lender
- Iowa State Bank and Trust Company of Fairfield, Iowa
- Originating Lender
- Iowa State Bank and Trust Company of Fairfield, Iowa
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