Farmers Cooperative Elevator of Ottosen
$219,900 PPP Loan in Ottosen, Iowa
Loan Details
- Loan Number
- 8560007010
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $219,900
- Current Approval
- $219,900
- Forgiveness Amount
- $221,977
- Forgiveness Date
- Mar 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Farmers Cooperative Elevator of Ottosen
- Address
- 71 Brady Ave., P.o. Box 8
- City
- Ottosen
- State
- Iowa
- ZIP Code
- 50570-0008
- Business Type
- Cooperative
- Industry (NAICS)
- Transportation and Warehousing (493130)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 18
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $197,900
- Utilities
- $22,000
Lender Information
- Servicing Lender
- Bank Iowa
- Originating Lender
- Bank Iowa
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|---|---|---|
| Banwart Trucking LLC | $107,700 |  AI Deep Dive |
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| Bennett Recycling & Sanitation, LLC | $44,000 | AI Deep Dive |
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