# PPP loan: MCDONALD COUNTY TELEPHONE COMPANY
> **$345K** approved 04/14/2020 · Paid in Full · Loan `6925217106`
## Borrower
- **Name:** MCDONALD COUNTY TELEPHONE COMPANY
- **Address:** 704 North Main Street, PINEVILLE, MO, 64856
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $345K
- **Initial approval:** $345K
- **Forgiven:** $347K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Utilities:** $86K
- **Jobs reported:** 17
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*