# PPP loan: SPARTA COOPERATIVE SERVICES
> **$262K** approved 04/03/2020 · Paid in Full · Loan `4432037005`
## Borrower
- **Name:** SPARTA COOPERATIVE SERVICES
- **Address:** 325 Hemstock Drive, SPARTA, WI, 54656-2495
- **NAICS:** 423860
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $26K
- **Mortgage interest:** $20K
- **Utilities:** $6K
- **Jobs reported:** 25
## Lender
- **Originating:** River Bank
- **Servicing:** River Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*