# PPP loan: UNITED QUALITY COOPERATIVE
> **$2.03M** approved 04/04/2020 · Paid in Full · Loan `4739887007`
## Borrower
- **Name:** UNITED QUALITY COOPERATIVE
- **Address:** 99 coop st, NEW TOWN, ND, 58763-4121
- **NAICS:** 493130
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.03M
- **Initial approval:** $2.03M
- **Forgiven:** $2.05M (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.03M
- **Jobs reported:** 175
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*