PPP Loan information for Farm service cooperative

$1,872,800

Farm service cooperative was initially approved for PPP Loan of amount $1,872,800, the current approved amount is $1,872,800. The loan was approved on 04/16/2020 by The United Bank of Iowa reported 224 jobs and $1,872,800 was used to fund payroll.

Farm service cooperative is Existing or more than 2 years old

PPP Loan Search / IA / HARLAN / Farm service cooperative

FARM SERVICE COOPERATIVE

Date Approved

04/16/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARM SERVICE COOPERATIVE

Borrower Address

2308 PINE ST PO BOX 429

Borrower City

HARLAN

Borrower State

IA

Borrower Zip

51537-1884

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1872800.00

Current Approval Amount

1872800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25108

Servicing Lender Name

United Bank of Iowa

Servicing Lender Address

501 2nd St

Servicing Lender City

IDA GROVE

Servicing Lender State

IA

Servicing Lender Zip

51445-1304

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARLAN

Project County Name

SHELBY

Project State

IA

Project Zip

51537-1884

CD

IA-04

Jobs Reported

224

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1872800.00

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

25108

Originating Lender

United Bank of Iowa

Originating Lender City

IDA GROVE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1883113.23

Forgiveness Date

11/05/2020

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