PPP Loan information for Corn belt energy

$2,280,400

Corn belt energy was initially approved for PPP Loan of amount $2,280,400, the current approved amount is $2,280,400. The loan was approved on 05/06/2020 by The Commerce Bank reported 82 jobs and $2,280,400 was used to fund payroll.

Corn belt energy is Existing or more than 2 years old

PPP Loan Search / IL / BLOOMINGTON / Corn belt energy

CORN BELT ENERGY

Date Approved

05/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CORN BELT ENERGY

Borrower Address

1 Energy Way

Borrower City

BLOOMINGTON

Borrower State

IL

Borrower Zip

61705

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2280400.00

Current Approval Amount

2280400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMINGTON

Project County Name

MCLEAN

Project State

IL

Project Zip

61705-1000

CD

IL-16

Jobs Reported

82

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2059000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

221400

Business Type

Cooperative

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2308588.28

Forgiveness Date

08/03/2021

;