PPP Loan information for Mid-iowa cooperative

$1,651,223

Mid-iowa cooperative was initially approved for PPP Loan of amount $1,651,223, the current approved amount is $1,651,223. The loan was approved on 01/25/2021 by The Farmers Savings Bank reported 95 jobs and $1,651,223 was used to fund payroll.

Mid-iowa cooperative is Existing or more than 2 years old

PPP Loan Search / IA / Beaman / Mid-iowa cooperative

MID-IOWA COOPERATIVE

Date Approved

01/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

MID-IOWA COOPERATIVE

Borrower Address

101 Main St

Borrower City

Beaman

Borrower State

IA

Borrower Zip

50609-7711

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1651223.00

Current Approval Amount

1651223.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24590

Servicing Lender Name

Farmers Savings Bank

Servicing Lender Address

205 W Main St

Servicing Lender City

Marshalltown

Servicing Lender State

IA

Servicing Lender Zip

50158-2951

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beaman

Project County Name

GRUNDY

Project State

IA

Project Zip

50609-7711

CD

IA-02

Jobs Reported

95

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1651223.00

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

24590

Originating Lender

Farmers Savings Bank

Originating Lender City

Marshalltown

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1667826.96

Forgiveness Date

01/26/2022

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