# PPP loan: GRUNDY COUNTY RURAL ELECTRIC COOPERATIVE
> **$259K** approved 05/01/2021 · Paid in Full · Loan `6333358900`
## Borrower
- **Name:** GRUNDY COUNTY RURAL ELECTRIC COOPERATIVE
- **Address:** 303 N Park Ave, Grundy Center, IA, 50638-8593
- **NAICS:** 221122
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 13
## Lender
- **Originating:** Green Belt Bank & Trust
- **Servicing:** Green Belt Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*