# PPP loan: FIRST COOPERATIVE ASSOCIATION
> **$2.97M** approved 04/03/2020 · Paid in Full · Loan `4485937008`
## Borrower
- **Name:** FIRST COOPERATIVE ASSOCIATION
- **Address:** 960 Riverview Drive, CHEROKEE, IA, 51012-1492
- **NAICS:** 111199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.97M
- **Initial approval:** $2.97M
- **Forgiven:** $3.02M (102%)
- **Forgiveness date:** 01/24/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.97M
- **Jobs reported:** 250
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*