PPP Loan information for Meeker cooperative light & power association

$733,500

Meeker cooperative light & power association was initially approved for PPP Loan of amount $733,500, the current approved amount is $733,500. The loan was approved on 04/09/2020 by The Center National Bank reported 39 jobs and $733,500 was used to fund payroll.

Meeker cooperative light & power association is Existing or more than 2 years old

MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MEEKER COOPERATIVE LIGHT & POWER ASSOCIATION

Borrower Address

1725 US HIGHWAY 12 E #100

Borrower City

LITCHFIELD

Borrower State

MN

Borrower Zip

55355-5334

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

733500.00

Current Approval Amount

733500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38324

Servicing Lender Name

Center National Bank

Servicing Lender Address

301 N Ramsey Ave

Servicing Lender City

LITCHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55355-2125

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITCHFIELD

Project County Name

MEEKER

Project State

MN

Project Zip

55355-5334

CD

MN-07

Jobs Reported

39

NAICS Code

926130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

733500.00

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

38324

Originating Lender

Center National Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

738023.25

Forgiveness Date

11/27/2020

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