# PPP loan: GUTHRIE COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION
> **$259K** approved 05/15/2020 · Paid in Full · Loan `6928957405`
## Borrower
- **Name:** GUTHRIE COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION
- **Address:** 1406 STATE ST, GUTHRIE CENTER, IA, 50115-8802
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 17
## Lender
- **Originating:** Guthrie County State Bank
- **Servicing:** Guthrie County State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*