# PPP loan: YELCOT TELEPHONE COMPANY
> **$534K** approved 04/06/2020 · Paid in Full · Loan `6297357002`
## Borrower
- **Name:** YELCOT TELEPHONE COMPANY
- **Address:** 207 E 4TH ST, MOUNTAIN HOME, AR, 72653-3807
- **NAICS:** 517911
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $534K
- **Initial approval:** $534K
- **Forgiven:** $538K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $534K
- **Jobs reported:** 33
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*