# PPP loan: HUTCHINSON CO-OP
> **$556K** approved 04/14/2020 · Paid in Full · Loan `7117837100`
## Borrower
- **Name:** HUTCHINSON CO-OP
- **Address:** 1060 5TH AVE SE, HUTCHINSON, MN, 55350-7028
- **NAICS:** 115116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $556K
- **Initial approval:** $556K
- **Forgiven:** $559K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $556K
- **Jobs reported:** 100
## Lender
- **Originating:** Citizens Bank & Trust Co
- **Servicing:** Citizens Bank & Trust Co (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*