PPP Loan information for Mcleod cooperative power association

$524,751

Mcleod cooperative power association was initially approved for PPP Loan of amount $524,751, the current approved amount is $524,751. The loan was approved on 05/20/2020 by The CoBank ACB reported 27 jobs and $524,751 was used to fund payroll.

Mcleod cooperative power association is Existing or more than 2 years old

PPP Loan Search / MN / GLENCOE / Mcleod cooperative power association

MCLEOD COOPERATIVE POWER ASSOCIATION

Date Approved

05/20/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MCLEOD COOPERATIVE POWER ASSOCIATION

Borrower Address

1231 FORD AVE

Borrower City

GLENCOE

Borrower State

MN

Borrower Zip

55336-2127

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

524750.66

Current Approval Amount

524750.66

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

194499

Servicing Lender Name

CoBank ACB

Servicing Lender Address

6340 S Fiddlers Green Cir #1908

Servicing Lender City

Greenwood Village

Servicing Lender State

CO

Servicing Lender Zip

80111

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENCOE

Project County Name

MCLEOD

Project State

MN

Project Zip

55336-2127

CD

MN-07

Jobs Reported

27

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

524750.66

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

529969.01

Forgiveness Date

05/20/2021

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