PPP Loan information for 21st century cooperative

$586,700

21st century cooperative was initially approved for PPP Loan of amount $586,700, the current approved amount is $586,700. The loan was approved on 04/07/2020 by The Houghton State Bank reported 52 jobs and $586,700 was used to fund payroll.

21st century cooperative is Existing or more than 2 years old

PPP Loan Search / IA / CUMBERLAND / 21st century cooperative

21ST CENTURY COOPERATIVE

Date Approved

04/07/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

21ST CENTURY COOPERATIVE

Borrower Address

130 MAIN ST

Borrower City

CUMBERLAND

Borrower State

IA

Borrower Zip

50843-9900

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

586700.00

Current Approval Amount

586700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25408

Servicing Lender Name

Houghton State Bank

Servicing Lender Address

116 Coolbaugh St

Servicing Lender City

RED OAK

Servicing Lender State

IA

Servicing Lender Zip

51566-2273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CUMBERLAND

Project County Name

CASS

Project State

IA

Project Zip

50843-9900

CD

IA-03

Jobs Reported

52

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5950.00

Payroll Proceed

563250.00

Mortgage Interest Proceed

17500.00

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

25408

Originating Lender

Houghton State Bank

Originating Lender City

RED OAK

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

591817.33

Forgiveness Date

02/19/2021

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