PPP Loan information for Cedar county cooperative

$697,000

Cedar county cooperative was initially approved for PPP Loan of amount $697,000, the current approved amount is $697,000. The loan was approved on 04/10/2020 by The Fidelity Bank & Trust reported 40 jobs and $697,000 was used to fund payroll.

Cedar county cooperative is New Business or 2 years or less

CEDAR COUNTY COOPERATIVE

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

CEDAR COUNTY COOPERATIVE

Borrower Address

906 E. 7th St.

Borrower City

TIPTON

Borrower State

IA

Borrower Zip

52772-9601

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

697000.00

Current Approval Amount

697000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24939

Servicing Lender Name

Fidelity Bank & Trust

Servicing Lender Address

4250 Asbury Rd

Servicing Lender City

DUBUQUE

Servicing Lender State

IA

Servicing Lender Zip

52002-2892

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

TIPTON

Project County Name

CEDAR

Project State

IA

Project Zip

52772-9601

CD

IA-01

Jobs Reported

40

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

697000.00

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

24939

Originating Lender

Fidelity Bank & Trust

Originating Lender City

DUBUQUE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

701945.84

Forgiveness Date

12/30/2020

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