# PPP loan: SOUTH CENTRAL UTAH TELEPHONE ASSOCIATION
> **$2.40M** approved 04/13/2020 · Paid in Full · Loan `5328487103`
## Borrower
- **Name:** SOUTH CENTRAL UTAH TELEPHONE ASSOCIATION
- **Address:** 45 N 100 West, ESCALANTE, UT, 84726-7835
- **NAICS:** 517110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.40M
- **Initial approval:** $2.40M
- **Forgiven:** $2.43M (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.40M
- **Jobs reported:** 139
## 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*