# PPP loan: FARMERS' MUTUAL TELEPHONE COMPANY
> **$168K** approved 04/07/2020 · Paid in Full · Loan `6603727005`
## Borrower
- **Name:** FARMERS' MUTUAL TELEPHONE COMPANY
- **Address:** 541 Young St, JESUP, IA, 50648-1180
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $168K
- **Jobs reported:** 14
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*