PPP Loan information for Heartland power cooperative

$505,238

Heartland power cooperative was initially approved for PPP Loan of amount $423,629, the current approved amount is $505,238. The loan was approved on 04/06/2020 by The St. Ansgar State Bank reported 22 jobs and $505,238 was used to fund payroll.

Heartland power cooperative is Existing or more than 2 years old

HEARTLAND POWER COOPERATIVE

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

HEARTLAND POWER COOPERATIVE

Borrower Address

216 Jackson St

Borrower City

THOMPSON

Borrower State

IA

Borrower Zip

50478-5012

Loan Status Date

06/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

423629.49

Current Approval Amount

505237.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25434

Servicing Lender Name

St. Ansgar State Bank

Servicing Lender Address

237 W 4th St

Servicing Lender City

SAINT ANSGAR

Servicing Lender State

IA

Servicing Lender Zip

50472-1312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THOMPSON

Project County Name

WINNEBAGO

Project State

IA

Project Zip

50478-5012

CD

IA-04

Jobs Reported

22

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

505237.55

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

25434

Originating Lender

St. Ansgar State Bank

Originating Lender City

SAINT ANSGAR

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

510442.19

Forgiveness Date

04/27/2021

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