As part of the Paycheck Protection Program OTELCO TELEPHONE LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

OTELCO TELEPHONE LLC


Loan Amount	$2,975,000
BusinessName	OTELCO TELEPHONE LLC
Address	505 Third Avenue East,
City	Oneonta
State	AL
Zip	35121
NAICSCode	517911
BusinessType	Limited Liability Partnership
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	201
DateApproved	04/13/2020
Lender	Regions Bank
CD	AL-06
BusinessName.clean	OTELCO TELEPHONE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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