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W & H Cooperative Oil Company

$468,700 PPP Loan in Humboldt, Iowa

Loan Details

Loan Number
6661027005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$468,700
Current Approval
$468,700
Forgiveness Amount
$471,291
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
W & H Cooperative Oil Company
Address
1021 16th Ave N
City
Humboldt
State
Iowa
ZIP Code
50548-1214
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$21.9M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$375,520
Rent
$6,000
Utilities
$46,036
Health Care
$33,502
Mortgage Interest
$7,642

Lender Information

Servicing Lender
Bank Iowa
Originating Lender
Bank Iowa

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