# PPP loan: THE MIDDLEBURGH TELEPHONE COMPANY
> **$524K** approved 04/08/2020 · Paid in Full · Loan `8488637005`
## Borrower
- **Name:** THE MIDDLEBURGH TELEPHONE COMPANY
- **Address:** 103 Cliff Street, MIDDLEBURGH, NY, 12122-6421
- **NAICS:** 517311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $393K
- **Debt interest:** $131K
- **Jobs reported:** 35
## Lender
- **Originating:** NBT Bank, National Association
- **Servicing:** NBT Bank, National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*