PPP Loan information for Two rivers cooperative

$602,300

Two rivers cooperative was initially approved for PPP Loan of amount $602,300, the current approved amount is $602,300. The loan was approved on 04/09/2020 by The Community 1st CU reported 48 jobs and $602,300 was used to fund payroll.

Two rivers cooperative is Existing or more than 2 years old

PPP Loan Search / IA / PELLA / Two rivers cooperative

TWO RIVERS COOPERATIVE

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

TWO RIVERS COOPERATIVE

Borrower Address

109 SOUTH ST

Borrower City

PELLA

Borrower State

IA

Borrower Zip

50219-2125

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

602300.00

Current Approval Amount

602300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96901

Servicing Lender Name

Community 1st CU

Servicing Lender Address

1100 Hutchinson Ave

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-9731

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELLA

Project County Name

MARION

Project State

IA

Project Zip

50219-2125

CD

IA-01

Jobs Reported

48

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

602300.00

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

96901

Originating Lender

Community 1st CU

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

606672.86

Forgiveness Date

12/31/2020

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