PPP Loan information for Corn belt power cooperative

$1,546,200

Corn belt power cooperative was initially approved for PPP Loan of amount $1,546,200, the current approved amount is $1,546,200. The loan was approved on 04/08/2020 by The Northwest Bank reported 89 jobs and $1,546,200 was used to fund payroll.

Corn belt power cooperative is Existing or more than 2 years old

PPP Loan Search / IA / HUMBOLDT / Corn belt power cooperative

CORN BELT POWER COOPERATIVE

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

CORN BELT POWER COOPERATIVE

Borrower Address

1300 13th St N

Borrower City

HUMBOLDT

Borrower State

IA

Borrower Zip

50548-1163

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1546200.00

Current Approval Amount

1546200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUMBOLDT

Project County Name

HUMBOLDT

Project State

IA

Project Zip

50548-1163

CD

IA-04

Jobs Reported

89

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20500.00

Payroll Proceed

1525700.00

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

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1554747.05

Forgiveness Date

11/03/2020

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