# PPP loan: WEST TEXAS RURAL TELEPHONE COOPERATIVE, INC.
> **$627K** approved 04/09/2020 · Paid in Full · Loan `1016347110`
## Borrower
- **Name:** WEST TEXAS RURAL TELEPHONE COOPERATIVE, INC.
- **Address:** 3425 US HIGHWAY 385, HEREFORD, TX, 79045-7416
- **NAICS:** 517311
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $627K
- **Initial approval:** $627K
- **Forgiven:** $631K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $627K
- **Jobs reported:** 37
## Lender
- **Originating:** First National Bank of Hereford
- **Servicing:** First National Bank of Hereford (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*