# PPP loan: CLAY COUNTY RURAL TELEPHONE COOPERATIVE, INC
> **$1.36M** approved 06/05/2020 · Paid in Full · Loan `8317767810`
## Borrower
- **Name:** CLAY COUNTY RURAL TELEPHONE COOPERATIVE, INC
- **Address:** 2 S WEST ST, CLOVERDALE, IN, 46120-9382
- **NAICS:** 517919
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.36M
- **Initial approval:** $1.36M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 04/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.36M
- **Jobs reported:** 87
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*