PPP Loan information for W & h cooperative oil company

$468,700

W & h cooperative oil company was initially approved for PPP Loan of amount $468,700, the current approved amount is $468,700. The loan was approved on 04/07/2020 by The Bank Iowa reported 85 jobs and $468,700 was used to fund payroll.

W & h cooperative oil company is Existing or more than 2 years old

PPP Loan Search / IA / HUMBOLDT / W & h cooperative oil company

W & H COOPERATIVE OIL COMPANY

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

W & H COOPERATIVE OIL COMPANY

Borrower Address

1021 16th Ave N

Borrower City

HUMBOLDT

Borrower State

IA

Borrower Zip

50548-1214

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

468700.00

Current Approval Amount

468700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUMBOLDT

Project County Name

HUMBOLDT

Project State

IA

Project Zip

50548-1214

CD

IA-04

Jobs Reported

85

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

46036.00

Payroll Proceed

375520.00

Mortgage Interest Proceed

7642.00

Rent Proceed

6000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33502.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

471290.87

Forgiveness Date

11/03/2020

;