# PPP loan: MARQUETTE-ADAMS TELEPHONE COOPERATIVE INC
> **$551K** approved 04/15/2020 · Paid in Full · Loan `9812867110`
## Borrower
- **Name:** MARQUETTE-ADAMS TELEPHONE COOPERATIVE INC
- **Address:** 113 N OXFORD ST, OXFORD, WI, 53952-7106
- **NAICS:** 517311
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $555K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $479K
- **Rent:** $6K
- **Utilities:** $9K
- **Debt interest:** $58K
- **Jobs reported:** 25
## Lender
- **Originating:** Royal Bank
- **Servicing:** Royal Bank (WI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*