PPP Loan information for Grundy county rural electric cooperative

$259,388

Grundy county rural electric cooperative was initially approved for PPP Loan of amount $259,388, the current approved amount is $259,388. The loan was approved on 05/01/2021 by The Green Belt Bank & Trust reported 13 jobs and $259,388 was used to fund payroll.

Grundy county rural electric cooperative is Existing or more than 2 years old

PPP Loan Search / IA / Grundy Center / Grundy county rural electric cooperative

GRUNDY COUNTY RURAL ELECTRIC COOPERATIVE

Date Approved

05/01/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GRUNDY COUNTY RURAL ELECTRIC COOPERATIVE

Borrower Address

303 N Park Ave

Borrower City

Grundy Center

Borrower State

IA

Borrower Zip

50638-8593

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

259388.00

Current Approval Amount

259388.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25118

Servicing Lender Name

Green Belt Bank & Trust

Servicing Lender Address

616 Washington Ave

Servicing Lender City

IOWA FALLS

Servicing Lender State

IA

Servicing Lender Zip

50126-2217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grundy Center

Project County Name

GRUNDY

Project State

IA

Project Zip

50638-8593

CD

IA-02

Jobs Reported

13

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259388.00

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

Non-Profit Organization

Originating Lender Location Id

25118

Originating Lender

Green Belt Bank & Trust

Originating Lender City

IOWA FALLS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

260951.53

Forgiveness Date

12/09/2021

;