PPP Loan information for Farmers cooperative company

$434,100

Farmers cooperative company was initially approved for PPP Loan of amount $434,100, the current approved amount is $434,100. The loan was approved on 04/03/2020 by The American Bank, National Association reported 27 jobs and $434,100 was used to fund payroll.

Farmers cooperative company is Existing or more than 2 years old

PPP Loan Search / IA / REMSEN / Farmers cooperative company

FARMERS COOPERATIVE COMPANY

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARMERS COOPERATIVE COMPANY

Borrower Address

006 S Washington St

Borrower City

REMSEN

Borrower State

IA

Borrower Zip

51050-7754

Loan Status Date

04/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

434100.00

Current Approval Amount

434100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25420

Servicing Lender Name

American Bank, National Association

Servicing Lender Address

234 5th Ave SW

Servicing Lender City

LE MARS

Servicing Lender State

IA

Servicing Lender Zip

51031-1917

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REMSEN

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51050-7754

CD

IA-04

Jobs Reported

27

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

434100.00

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

25420

Originating Lender

American Bank, National Association

Originating Lender City

LE MARS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

436966.25

Forgiveness Date

12/08/2020

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