# PPP loan: MATANUSKA TELEPHONE ASSOCIATION
> **$5.93M** approved 06/10/2020 · Paid in Full · Loan `1570017908`
## Borrower
- **Name:** MATANUSKA TELEPHONE ASSOCIATION
- **Address:** 1740 S. CHUGACH ST, PALMER, AK, 99645-6732
- **NAICS:** 517311
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.93M
- **Initial approval:** $5.93M
- **Forgiven:** $5.99M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.93M
- **Jobs reported:** 267
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*