PPP Loan information for Cooperative energy company

$1,297,696

Cooperative energy company was initially approved for PPP Loan of amount $1,297,696, the current approved amount is $1,297,696. The loan was approved on 04/08/2020 by The Sibley State Bank reported 78 jobs and $1,297,696 was used to fund payroll.

Cooperative energy company is Existing or more than 2 years old

PPP Loan Search / IA / SIBLEY / Cooperative energy company

COOPERATIVE ENERGY COMPANY

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

COOPERATIVE ENERGY COMPANY

Borrower Address

1708 Pierce Avenue

Borrower City

SIBLEY

Borrower State

IA

Borrower Zip

51249-7091

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1297695.52

Current Approval Amount

1297695.52

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

78

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1122515.94

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

175179.58

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

1305265.41

Forgiveness Date

11/16/2020

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