PPP Loan information for Farmers coop association

$468,280

Farmers coop association was initially approved for PPP Loan of amount $468,280, the current approved amount is $468,280. The loan was approved on 04/07/2020 by The NSB Bank reported 37 jobs and $468,280 was used to fund payroll.

Farmers coop association is Existing or more than 2 years old

PPP Loan Search / IA / FOREST CITY / Farmers coop association

FARMERS COOP ASSOCIATION

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARMERS COOP ASSOCIATION

Borrower Address

406 E. K Street

Borrower City

FOREST CITY

Borrower State

IA

Borrower Zip

50436-1508

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

468280.00

Current Approval Amount

468280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25313

Servicing Lender Name

NSB Bank

Servicing Lender Address

2650 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FOREST CITY

Project County Name

WINNEBAGO

Project State

IA

Project Zip

50436-1508

CD

IA-04

Jobs Reported

37

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

374624.14

Mortgage Interest Proceed

0.00

Rent Proceed

93655.86

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

25313

Originating Lender

NSB Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

473990.41

Forgiveness Date

06/29/2021

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