Hancock County Cooperative Oil Association

$300,400 PPP Loan in Garner, Iowa

Loan Details

Loan Number
7370927009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$300,400
Current Approval
$300,400
Forgiveness Amount
$303,270
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hancock County Cooperative Oil Association
Address
615 W US Highway 18
City
Garner
State
Iowa
ZIP Code
50438-1019
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (813910)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$225,300
Utilities
$65,100
Mortgage Interest
$10,000

Lender Information

Servicing Lender
Clear Lake Bank & Trust Company
Originating Lender
Clear Lake Bank & Trust Company

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