21st Century Cooperative

$586,700 PPP Loan in Cumberland, Iowa

Loan Details

Loan Number
7617737003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$586,700
Current Approval
$586,700
Forgiveness Amount
$591,817
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
21st Century Cooperative
Address
130 Main St
State
Iowa
ZIP Code
50843-9900
Business Type
Cooperative
Industry (NAICS)
Transportation and Warehousing (493130)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$13.2M
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$563,250
Utilities
$5,950
Mortgage Interest
$17,500

Lender Information

Servicing Lender
Houghton State Bank
Originating Lender
Houghton State Bank

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