# PPP loan: MARGARETVILLE TELEPHONE CO., INC.
> **$674K** approved 04/07/2020 · Paid in Full · Loan `7294277001`
## Borrower
- **Name:** MARGARETVILLE TELEPHONE CO., INC.
- **Address:** 50 Swart Street, MARGARETVILLE, NY, 12455-4028
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $674K
- **Initial approval:** $674K
- **Forgiven:** $680K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $674K
- **Jobs reported:** 43
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*