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Heartland Power Cooperative

$423,629 PPP Loan in Thompson, Iowa

Loan Details

Loan Number
5624987007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$423,629
Current Approval
$505,238
Forgiveness Amount
$510,442
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Heartland Power Cooperative
Address
216 Jackson St
City
Thompson
State
Iowa
ZIP Code
50478-5012
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$505,238

Lender Information

Servicing Lender
St. Ansgar State Bank
Originating Lender
St. Ansgar State Bank

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