# PPP loan: BREDA TELEPHONE CORP.
> **$492K** approved 04/06/2020 · Paid in Full · Loan `6088677008`
## Borrower
- **Name:** BREDA TELEPHONE CORP.
- **Address:** 112 East Main Street, BREDA, IA, 51436-8703
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $496K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $492K
- **Jobs reported:** 33
## Lender
- **Originating:** Breda Savings Bank
- **Servicing:** Breda Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*