# PPP loan: SURRY TELEPHONE MEMBERSHIP CORP.
> **$1.24M** approved 04/14/2020 · Paid in Full · Loan `5936107109`
## Borrower
- **Name:** SURRY TELEPHONE MEMBERSHIP CORP.
- **Address:** 819 East Atkins, DOBSON, NC, 27017-8707
- **NAICS:** 517311
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.24M
- **Initial approval:** $1.24M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $932K
- **Utilities:** $311K
- **Jobs reported:** 60
## Lender
- **Originating:** Skyline National Bank
- **Servicing:** Skyline National Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*