# PPP loan: FARMERS COOPERATIVE ELEVATOR CO.
> **$592K** approved 04/11/2020 · Paid in Full · Loan `2890627101`
## Borrower
- **Name:** FARMERS COOPERATIVE ELEVATOR CO.
- **Address:** 3302 PROSPECT ST P.O. Box 219, HUDSONVILLE, MI, 49426-1420
- **NAICS:** 424910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $592K
- **Initial approval:** $592K
- **Forgiven:** $596K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $592K
- **Jobs reported:** 44
## Lender
- **Originating:** CoBank ACB
- **Servicing:** CoBank ACB (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*