PPP Loan information for Cooperative energy company

$1,093,445

Cooperative energy company was initially approved for PPP Loan of amount $1,093,445, the current approved amount is $1,093,445. The loan was approved on 01/21/2021 by The Sibley State Bank reported 139 jobs and $1,093,445 was used to fund payroll.

Cooperative energy company is Existing or more than 2 years old

COOPERATIVE ENERGY COMPANY

Date Approved

01/21/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

COOPERATIVE ENERGY COMPANY

Borrower Address

1708 Pierce Ave

Borrower City

Sibley

Borrower State

IA

Borrower Zip

51249-7091

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1093445.00

Current Approval Amount

1093445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25463

Servicing Lender Name

Sibley State Bank

Servicing Lender Address

803 4th Ave

Servicing Lender City

SIBLEY

Servicing Lender State

IA

Servicing Lender Zip

51249-1615

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sibley

Project County Name

OSCEOLA

Project State

IA

Project Zip

51249-7091

CD

IA-04

Jobs Reported

139

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1093443.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

25463

Originating Lender

Sibley State Bank

Originating Lender City

SIBLEY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1098031.39

Forgiveness Date

06/28/2021

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