PPP Loan information for Key cooperative

$3,172,922

Key cooperative was initially approved for PPP Loan of amount $3,172,922, the current approved amount is $3,172,922. The loan was approved on 04/09/2020 by The State Bank & Trust Co. reported 216 jobs and $3,172,922 was used to fund payroll.

Key cooperative is Existing or more than 2 years old

PPP Loan Search / IA / Roland / Key cooperative

KEY COOPERATIVE

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

KEY COOPERATIVE

Borrower Address

13585 620th Avenue

Borrower City

Roland

Borrower State

IA

Borrower Zip

50236

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3172922.00

Current Approval Amount

3172922.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25302

Servicing Lender Name

State Bank & Trust Co.

Servicing Lender Address

1025 6th St

Servicing Lender City

NEVADA

Servicing Lender State

IA

Servicing Lender Zip

50201-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roland

Project County Name

STORY

Project State

IA

Project Zip

50236-0001

CD

IA-04

Jobs Reported

216

NAICS Code

926140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

175938.30

Payroll Proceed

2696983.70

Mortgage Interest Proceed

0.00

Rent Proceed

300000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25302

Originating Lender

State Bank & Trust Co.

Originating Lender City

NEVADA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3207432.96

Forgiveness Date

05/20/2021

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