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Mcleod Cooperative Power Association

$524,751 PPP Loan in Glencoe, Minnesota

Loan Details

Loan Number
9673647407
Date Approved
May 20, 2020
Loan Status
Paid in Full
Initial Approval
$524,751
Current Approval
$524,751
Forgiveness Amount
$529,969
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mcleod Cooperative Power Association
Address
1231 Ford Ave
City
Glencoe
State
Minnesota
ZIP Code
55336-2127
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Existing or more than 2 years old
Jobs Reported
27
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$524,751

Lender Information

Servicing Lender
Cobank Acb
Originating Lender
Cobank Acb

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