PPP Loan information for Cooperative farmers elevator

$5,680,000

Cooperative farmers elevator was initially approved for PPP Loan of amount $5,680,000, the current approved amount is $5,680,000. The loan was approved on 04/04/2020 by The Premier Bank reported 398 jobs and $5,680,000 was used to fund payroll.

Cooperative farmers elevator is Existing or more than 2 years old

PPP Loan Search / IA / ROCK VALLEY / Cooperative farmers elevator

COOPERATIVE FARMERS ELEVATOR

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

COOPERATIVE FARMERS ELEVATOR

Borrower Address

1508 14th Street

Borrower City

ROCK VALLEY

Borrower State

IA

Borrower Zip

51247-1132

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5680000.00

Current Approval Amount

5680000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121393

Servicing Lender Name

Premier Bank

Servicing Lender Address

1004 21st Ave

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1446

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCK VALLEY

Project County Name

SIOUX

Project State

IA

Project Zip

51247-1132

CD

IA-04

Jobs Reported

398

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5680000.00

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

121393

Originating Lender

Premier Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5708091.15

Forgiveness Date

06/11/2021

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