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Raccoon Valley Electric Cooperative

$346,100 PPP Loan in Glidden, Iowa

Loan Details

Loan Number
4823487302
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$346,100
Current Approval
$346,100
Forgiveness Amount
$347,816
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Raccoon Valley Electric Cooperative
Address
28725 Highway 30
City
Glidden
State
Iowa
ZIP Code
51443-8823
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$346,100

Lender Information

Servicing Lender
United Bank of Iowa
Originating Lender
United Bank of Iowa

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