Farmers Coop Association

$468,280 PPP Loan in Forest City, Iowa

Loan Details

Loan Number
7234727003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$468,280
Current Approval
$468,280
Forgiveness Amount
$473,990
Forgiveness Date
Jun 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers Coop Association
Address
406 E. K Street
State
Iowa
ZIP Code
50436-1508
Business Type
Cooperative
Industry (NAICS)
Transportation and Warehousing (493130)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$9.4M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$374,624
Rent
$93,656

Lender Information

Servicing Lender
Nsb Bank
Originating Lender
Nsb Bank

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