# PPP loan: SOUTH ARKANSAS TELEPHONE COMPANY
> **$430K** approved 04/14/2020 · Paid in Full · Loan `6972287108`
## Borrower
- **Name:** SOUTH ARKANSAS TELEPHONE COMPANY
- **Address:** 403 W Main Street P O Box 778, Hampton, AR, 71744-8808
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $430K
- **Initial approval:** $430K
- **Forgiven:** $433K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $430K
- **Jobs reported:** 25
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*