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Franklin Rural Electric Cooperative

$220,000 PPP Loan in Hampton, Iowa

Loan Details

Loan Number
4057257205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$220,000
Current Approval
$220,000
Forgiveness Amount
$221,290
Forgiveness Date
Dec 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Franklin Rural Electric Cooperative
Address
1560 Hwy 65 N
City
Hampton
State
Iowa
ZIP Code
50441-0437
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$220,000

Lender Information

Servicing Lender
First Bank Hampton
Originating Lender
First Bank Hampton

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