# PPP loan: COOPERATIVE TELEPHONE COMPANY
> **$160K** approved 04/28/2020 · Paid in Full · Loan `1227657305`
## Borrower
- **Name:** COOPERATIVE TELEPHONE COMPANY
- **Address:** 704 3rd St PO Box H, VICTOR, IA, 52347
- **NAICS:** 517911
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $160K
- **Jobs reported:** 11
## Lender
- **Originating:** Keystone Savings Bank
- **Servicing:** Keystone Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*