PPP Loan information for Eastern iowa light and power cooperative

$1,835,895

Eastern iowa light and power cooperative was initially approved for PPP Loan of amount $1,835,895, the current approved amount is $1,835,895. The loan was approved on 04/10/2020 by The Loan Source Incorporated reported 92 jobs and $1,835,895 was used to fund payroll.

Eastern iowa light and power cooperative is Existing or more than 2 years old

PPP Loan Search / IA / WILTON / Eastern iowa light and power cooperative

EASTERN IOWA LIGHT AND POWER COOPERATIVE

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

EASTERN IOWA LIGHT AND POWER COOPERATIVE

Borrower Address

1705 W 3RD ST

Borrower City

WILTON

Borrower State

IA

Borrower Zip

52778-9620

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1835894.84

Current Approval Amount

1835894.84

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILTON

Project County Name

MUSCATINE

Project State

IA

Project Zip

52778-9620

CD

IA-01

Jobs Reported

92

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30208.00

Payroll Proceed

1805686.84

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

25290

Originating Lender

Community Bank and Trust Company

Originating Lender City

MUSCATINE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1853750.80

Forgiveness Date

04/08/2021

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