# PPP loan: METAMORA TELEPHONE COMPANY
> **$503K** approved 04/29/2020 · Paid in Full · Loan `1986287302`
## Borrower
- **Name:** METAMORA TELEPHONE COMPANY
- **Address:** 220 N. Menard Street, METAMORA, IL, 61548
- **NAICS:** 517911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $510K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $503K
- **Jobs reported:** 26
## Lender
- **Originating:** Heartland Bank and Trust Company
- **Servicing:** Heartland Bank and Trust Company (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*