PPP Loan information for Cooperative credit company inc

$300,000

Cooperative credit company inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/06/2020 by The American State Bank reported 16 jobs and $300,000 was used to fund payroll.

Cooperative credit company inc is Existing or more than 2 years old

COOPERATIVE CREDIT COMPANY INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

COOPERATIVE CREDIT COMPANY INC

Borrower Address

128 3rd St NW

Borrower City

SIOUX CENTER

Borrower State

IA

Borrower Zip

51250

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CENTER

Project County Name

SIOUX

Project State

IA

Project Zip

51250-0011

CD

IA-04

Jobs Reported

16

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22500.00

Payroll Proceed

255000.00

Mortgage Interest Proceed

22500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

301947.95

Forgiveness Date

12/10/2020

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