Farmers Cooperative Elevator Company

$697,000 PPP Loan in Cheney, Kansas

Loan Details

Loan Number
5750467005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$697,000
Current Approval
$697,000
Forgiveness Amount
$703,776
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers Cooperative Elevator Company
Address
106 S Ave Po Box 340
City
Cheney
State
Kansas
ZIP Code
67025-9255
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111199)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
KS-04

Loan Use Breakdown

Payroll
$609,200
Health Care
$87,800

Lender Information

Servicing Lender
Garden Plain State Bank
Originating Lender
Garden Plain State Bank

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