PPP Loan information for Farmers cooperative lumber company

$110,200

Farmers cooperative lumber company was initially approved for PPP Loan of amount $110,200, the current approved amount is $110,200. The loan was approved on 08/06/2020 by The Peoples Bank reported 10 jobs and $110,200 was used to fund payroll.

Farmers cooperative lumber company is Existing or more than 2 years old

FARMERS COOPERATIVE LUMBER COMPANY

Date Approved

08/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARMERS COOPERATIVE LUMBER COMPANY

Borrower Address

930 WESTVIEW DR

Borrower City

ROCK VALLEY

Borrower State

IA

Borrower Zip

51247-7485

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110200.00

Current Approval Amount

110200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25196

Servicing Lender Name

Peoples Bank

Servicing Lender Address

1230 Valley Dr

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1538

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCK VALLEY

Project County Name

SIOUX

Project State

IA

Project Zip

51247-7485

CD

IA-04

Jobs Reported

10

NAICS Code

321912

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110200.00

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

25196

Originating Lender

Peoples Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110735.69

Forgiveness Date

02/03/2021

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