# PPP loan: FARMERS COOPERATIVE COMPANY
> **$434K** approved 04/03/2020 · Paid in Full · Loan `4471877002`
## Borrower
- **Name:** FARMERS COOPERATIVE COMPANY
- **Address:** 006 S Washington St, REMSEN, IA, 51050-7754
- **NAICS:** 493130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $437K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $434K
- **Jobs reported:** 27
## Lender
- **Originating:** American Bank, National Association
- **Servicing:** American Bank, National Association (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*