PPP Loan information for New horizon cooperative

$159,267

New horizon cooperative was initially approved for PPP Loan of amount $159,267, the current approved amount is $159,267. The loan was approved on 04/07/2020 by The Farmers Trust & Savings Bank reported 15 jobs and $159,267 was used to fund payroll.

New horizon cooperative is Existing or more than 2 years old

PPP Loan Search / IA / BRITT / New horizon cooperative

NEW HORIZON COOPERATIVE

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NEW HORIZON COOPERATIVE

Borrower Address

1979 Iowa Ave

Borrower City

BRITT

Borrower State

IA

Borrower Zip

50423-8588

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159267.00

Current Approval Amount

159267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24626

Servicing Lender Name

Farmers Trust & Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

BUFFALO CENTER

Servicing Lender State

IA

Servicing Lender Zip

50424

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRITT

Project County Name

HANCOCK

Project State

IA

Project Zip

50423-8588

CD

IA-04

Jobs Reported

15

NAICS Code

112310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159267.00

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

Partnership

Originating Lender Location Id

24626

Originating Lender

Farmers Trust & Savings Bank

Originating Lender City

BUFFALO CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

160807.31

Forgiveness Date

04/05/2021

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