PPP Loan information for Maxyield cooperative

$4,180,600

Maxyield cooperative was initially approved for PPP Loan of amount $4,180,600, the current approved amount is $4,180,600. The loan was approved on 04/04/2020 by The First Citizens Bank reported 250 jobs and $4,180,600 was used to fund payroll.

Maxyield cooperative is Existing or more than 2 years old

PPP Loan Search / IA / WEST BEND / Maxyield cooperative

MAXYIELD COOPERATIVE

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MAXYIELD COOPERATIVE

Borrower Address

313 3RD AVE

Borrower City

WEST BEND

Borrower State

IA

Borrower Zip

50597-7707

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4180600.00

Current Approval Amount

4180600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BEND

Project County Name

KOSSUTH

Project State

IA

Project Zip

50597-7707

CD

IA-04

Jobs Reported

250

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

348383.00

Payroll Proceed

3135450.00

Mortgage Interest Proceed

0.00

Rent Proceed

348383.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

348384

Business Type

Cooperative

Originating Lender Location Id

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3475086.67

Forgiveness Date

07/09/2021

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