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Southwest Iowa Rural Electric Cooperative

$524,793 PPP Loan in Corning, Iowa

Loan Details

Loan Number
2968627309
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$524,793
Current Approval
$524,793
Forgiveness Amount
$528,631
Forgiveness Date
Jan 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southwest Iowa Rural Electric Cooperative
Address
1801 Grove Avenue
City
Corning
State
Iowa
ZIP Code
50841
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$524,793

Lender Information

Servicing Lender
First Interstate Bank
Originating Lender
First Interstate Bank

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