# PPP loan: THE HANCOCK TELEPHONE COMPANY
> **$187K** approved 06/02/2020 · Paid in Full · Loan `6471347801`
## Borrower
- **Name:** THE HANCOCK TELEPHONE COMPANY
- **Address:** 34 Read Street, Hancock, NY, 13783-1145
- **NAICS:** 517919
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $203K
- **Forgiven:** $188K (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $149K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 11
## Lender
- **Originating:** BSD Capital, LLC dba Lendistry
- **Servicing:** Lendistry SBLC, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*