# PPP loan: NUWAY-K&H COOPERATIVE
> **$1.21M** approved 01/20/2021 · Paid in Full · Loan `1938028307`
## Borrower
- **Name:** NUWAY-K&H COOPERATIVE
- **Address:** 1740 US Highway 18 W, Clear Lake, IA, 50428-1103
- **NAICS:** 444220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 10/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.21M
- **Utilities:** $1
- **Jobs reported:** 67
## Lender
- **Originating:** Pioneer Bank
- **Servicing:** Pioneer Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*