# PPP loan: FARMERS COOPERATIVE ELEVATOR COMPANY
> **$686K** approved 04/28/2020 · Paid in Full · Loan `7545017206`
## Borrower
- **Name:** FARMERS COOPERATIVE ELEVATOR COMPANY
- **Address:** 317 OSBORN, HEMINGFORD, NE, 69348
- **NAICS:** 493130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $686K
- **Initial approval:** $686K
- **Forgiven:** $690K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $515K
- **Utilities:** $172K
- **Jobs reported:** 59
## Lender
- **Originating:** Nebraska Bank
- **Servicing:** Nebraska Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*