# PPP loan: W & H COOPERATIVE OIL COMPANY
> **$469K** approved 04/07/2020 · Paid in Full · Loan `6661027005`
## Borrower
- **Name:** W & H COOPERATIVE OIL COMPANY
- **Address:** 1021 16th Ave N, HUMBOLDT, IA, 50548-1214
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $471K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Rent:** $6K
- **Mortgage interest:** $8K
- **Utilities:** $46K
- **Health care:** $34K
- **Jobs reported:** 85
## Lender
- **Originating:** Bank Iowa
- **Servicing:** Bank Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*