PPP Loan information for Siouxland energy cooperative

$691,200

Siouxland energy cooperative was initially approved for PPP Loan of amount $691,200, the current approved amount is $691,200. The loan was approved on 04/04/2020 by The American State Bank reported 45 jobs and $691,200 was used to fund payroll.

Siouxland energy cooperative is Existing or more than 2 years old

SIOUXLAND ENERGY COOPERATIVE

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SIOUXLAND ENERGY COOPERATIVE

Borrower Address

3890 Garfield Ave

Borrower City

SIOUX CENTER

Borrower State

IA

Borrower Zip

51250-7596

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

691200.00

Current Approval Amount

691200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CENTER

Project County Name

SIOUX

Project State

IA

Project Zip

51250-7596

CD

IA-04

Jobs Reported

45

NAICS Code

325193

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75000.00

Payroll Proceed

616200.00

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

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

696918.97

Forgiveness Date

02/10/2021

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