Linn Cooperative Oil Company

$1,148,900 PPP Loan in Marion, Iowa

Loan Details

Loan Number
2473387100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,148,900
Current Approval
$1,148,900
Forgiveness Amount
$1,157,644
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Linn Cooperative Oil Company
Address
3544 35th St
City
Marion
State
Iowa
ZIP Code
52302-6435
Business Type
Corporation
Industry (NAICS)
Public Administration (926140)
Business Age
Existing or more than 2 years old
Jobs Reported
128
Estimated Revenue
N/A
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$1,098,900
Rent
$50,000

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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