# PPP loan: LAVACA TELEPHONE COMPANY, INC
> **$254K** approved 04/04/2020 · Paid in Full · Loan `4862547005`
## Borrower
- **Name:** LAVACA TELEPHONE COMPANY, INC
- **Address:** 301 HIGHWAY 96 SW, LAVACA, AR, 72941
- **NAICS:** 517911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 18
## Lender
- **Originating:** Armstrong Bank
- **Servicing:** Armstrong Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*