# PPP loan: WESTERN IOWA TELEPHONE ASSOCIATION
> **$275K** approved 04/13/2020 · Paid in Full · Loan `4267557101`
## Borrower
- **Name:** WESTERN IOWA TELEPHONE ASSOCIATION
- **Address:** 202 CEDAR ST, LAWTON, IA, 51030-7722
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Mortgage interest:** $40K
- **Utilities:** $15K
- **Jobs reported:** 16
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*