PPP Loan information for Stratton equity cooperative company

$1,500,000

Stratton equity cooperative company was initially approved for PPP Loan of amount $1,500,000, the current approved amount is $1,500,000. The loan was approved on 02/11/2021 by The Farmers & Merchants Bank of Colby reported 117 jobs and $1,500,000 was used to fund payroll.

Stratton equity cooperative company is Existing or more than 2 years old

PPP Loan Search / CO / Stratton / Stratton equity cooperative company

STRATTON EQUITY COOPERATIVE COMPANY

Date Approved

02/11/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

STRATTON EQUITY COOPERATIVE COMPANY

Borrower Address

98 Colorado Ave

Borrower City

Stratton

Borrower State

CO

Borrower Zip

80836-1166

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1500000.00

Current Approval Amount

1500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122661

Servicing Lender Name

Farmers & Merchants Bank of Colby

Servicing Lender Address

240 W 4th St

Servicing Lender City

COLBY

Servicing Lender State

KS

Servicing Lender Zip

67701-2239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stratton

Project County Name

KIT CARSON

Project State

CO

Project Zip

80836-1166

CD

CO-04

Jobs Reported

117

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1500000.00

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

122661

Originating Lender

Farmers & Merchants Bank of Colby

Originating Lender City

COLBY

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1507541.67

Forgiveness Date

08/18/2021

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