# PPP loan: CITIZENS MUTUAL TELEPHONE COOPERATIVE
> **$234K** approved 04/14/2020 · Paid in Full · Loan `6284847106`
## Borrower
- **Name:** CITIZENS MUTUAL TELEPHONE COOPERATIVE
- **Address:** 114 W. JEFFERSON ST, BLOOMFIELD, IA, 52537-1609
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $235K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Utilities:** $9K
- **Health care:** $57K
- **Jobs reported:** 17
## Lender
- **Originating:** Success Bank
- **Servicing:** Success Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*