# PPP loan: COOPERATIVE ENERGY COMPANY
> **$1.09M** approved 01/21/2021 · Paid in Full · Loan `2702498306`
## Borrower
- **Name:** COOPERATIVE ENERGY COMPANY
- **Address:** 1708 Pierce Ave, Sibley, IA, 51249-7091
- **NAICS:** 447110
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (100%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.09M
- **Utilities:** $1
- **Jobs reported:** 139
## Lender
- **Originating:** Sibley State Bank
- **Servicing:** Sibley State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*