PPP Loan information for Stateline cooperative

$1,892,200

Stateline cooperative was initially approved for PPP Loan of amount $1,892,200, the current approved amount is $1,892,200. The loan was approved on 04/08/2020 by The Northwest Bank reported 135 jobs and $1,892,200 was used to fund payroll.

Stateline cooperative is Existing or more than 2 years old

PPP Loan Search / IA / BURT / Stateline cooperative

STATELINE COOPERATIVE

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

STATELINE COOPERATIVE

Borrower Address

120 Walnut St

Borrower City

BURT

Borrower State

IA

Borrower Zip

50522-7738

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1892200.00

Current Approval Amount

1892200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BURT

Project County Name

KOSSUTH

Project State

IA

Project Zip

50522-7738

CD

IA-04

Jobs Reported

135

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

135000.00

Payroll Proceed

1474200.00

Mortgage Interest Proceed

124000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

159000.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1904499.30

Forgiveness Date

12/08/2020

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