PPP Loan information for Guthrie county rural electric cooperative association

$259,397

Guthrie county rural electric cooperative association was initially approved for PPP Loan of amount $259,397, the current approved amount is $259,397. The loan was approved on 05/15/2020 by The Guthrie County State Bank reported 17 jobs and $259,397 was used to fund payroll.

Guthrie county rural electric cooperative association is Existing or more than 2 years old

PPP Loan Search / IA / GUTHRIE CENTER / Guthrie county rural electric cooperative association

GUTHRIE COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION

Date Approved

05/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GUTHRIE COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION

Borrower Address

1406 STATE ST

Borrower City

GUTHRIE CENTER

Borrower State

IA

Borrower Zip

50115-8802

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259397.00

Current Approval Amount

259397.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25060

Servicing Lender Name

Guthrie County State Bank

Servicing Lender Address

505 E Main St

Servicing Lender City

PANORA

Servicing Lender State

IA

Servicing Lender Zip

50216-1073

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GUTHRIE CENTER

Project County Name

GUTHRIE

Project State

IA

Project Zip

50115-8802

CD

IA-03

Jobs Reported

17

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259397.00

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

25060

Originating Lender

Guthrie County State Bank

Originating Lender City

PANORA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

261263.22

Forgiveness Date

02/04/2021

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