Mid-Iowa Cooperative

$1,651,223 PPP Loan in Beaman, Iowa

Loan Details

Loan Number
5467908301
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$1,651,223
Current Approval
$1,651,223
Forgiveness Amount
$1,667,827
Forgiveness Date
Jan 26, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mid-Iowa Cooperative
Address
101 Main St
City
Beaman
State
Iowa
ZIP Code
50609-7711
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (424510)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$24.5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$1,651,223

Lender Information

Servicing Lender
Farmers Savings Bank
Originating Lender
Farmers Savings Bank

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