PPP Loan information for Nuway-k&h cooperative

$1,209,800

Nuway-k&h cooperative was initially approved for PPP Loan of amount $1,209,800, the current approved amount is $1,209,800. The loan was approved on 04/04/2020 by The Pioneer Bank reported 67 jobs and $1,209,800 was used to fund payroll.

Nuway-k&h cooperative is Existing or more than 2 years old

NUWAY-K&H COOPERATIVE

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NUWAY-K&H COOPERATIVE

Borrower Address

1740 US HIGHWAY 18

Borrower City

CLEAR LAKE

Borrower State

IA

Borrower Zip

50428-1103

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1209800.00

Current Approval Amount

1209800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEAR LAKE

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50428-1103

CD

IA-02

Jobs Reported

67

NAICS Code

115116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1209800.00

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

Corporation

Originating Lender Location Id

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1220184.12

Forgiveness Date

02/17/2021

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