PPP Loan information for Silveredge cooperative

$420,700

Silveredge cooperative was initially approved for PPP Loan of amount $372,900, the current approved amount is $420,700. The loan was approved on 04/08/2020 by The Community Savings Bank reported 39 jobs and $420,700 was used to fund payroll.

Silveredge cooperative is Existing or more than 2 years old

PPP Loan Search / IA / EDGEWOOD / Silveredge cooperative

SILVEREDGE COOPERATIVE

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

SILVEREDGE COOPERATIVE

Borrower Address

39999 HILTON RD

Borrower City

EDGEWOOD

Borrower State

IA

Borrower Zip

52042-8000

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372900.00

Current Approval Amount

420700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24953

Servicing Lender Name

Community Savings Bank

Servicing Lender Address

101 E Union St

Servicing Lender City

EDGEWOOD

Servicing Lender State

IA

Servicing Lender Zip

52042-8194

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDGEWOOD

Project County Name

CLAYTON

Project State

IA

Project Zip

52042-8000

CD

IA-02

Jobs Reported

39

NAICS Code

115210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

420700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24953

Originating Lender

Community Savings Bank

Originating Lender City

EDGEWOOD

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

413006.67

Forgiveness Date

11/06/2020

;