Cooperative Farmers Elevator

$5,680,000 PPP Loan in Rock Valley, Iowa

Loan Details

Loan Number
5035727001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$5,680,000
Current Approval
$5,680,000
Forgiveness Amount
$5,708,091
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cooperative Farmers Elevator
Address
1508 14th Street
State
Iowa
ZIP Code
51247-1132
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (424510)
Business Age
Existing or more than 2 years old
Jobs Reported
398
Estimated Revenue
$102.4M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$5,680,000

Lender Information

Servicing Lender
Premier Bank
Originating Lender
Premier Bank

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