# PPP loan: KEY COOPERATIVE
> **$3.17M** approved 04/09/2020 · Paid in Full · Loan `9035647010`
## Borrower
- **Name:** KEY COOPERATIVE
- **Address:** 13585 620th Avenue, Roland, IA, 50236
- **NAICS:** 926140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.17M
- **Initial approval:** $3.17M
- **Forgiven:** $3.21M (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.70M
- **Rent:** $300K
- **Utilities:** $176K
- **Jobs reported:** 216
## Lender
- **Originating:** State Bank & Trust Co.
- **Servicing:** State Bank & Trust Co. (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*