PPP Loan information for Farmers cooperative company

$213,965

Farmers cooperative company was initially approved for PPP Loan of amount $213,965, the current approved amount is $213,965. The loan was approved on 04/08/2020 by The Iowa State Bank reported 14 jobs and $213,965 was used to fund payroll.

Farmers cooperative company is Existing or more than 2 years old

FARMERS COOPERATIVE COMPANY

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARMERS COOPERATIVE COMPANY

Borrower Address

26336 C12

Borrower City

LE MARS

Borrower State

IA

Borrower Zip

51031-8704

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213965.00

Current Approval Amount

213965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LE MARS

Project County Name

PLYMOUTH

Project State

IA

Project Zip

51031-8704

CD

IA-04

Jobs Reported

14

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

213965.00

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

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

215165.58

Forgiveness Date

11/03/2020

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