# PPP loan: GLENCOE CO-OP ASSN.
> **$235K** approved 04/15/2020 · Paid in Full · Loan `9881557104`
## Borrower
- **Name:** GLENCOE CO-OP ASSN.
- **Address:** 330 10TH ST E, GLENCOE, MN, 55336-2027
- **NAICS:** 115116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $235K
- **Initial approval:** $235K
- **Forgiven:** $237K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $9K
- **Health care:** $38K
- **Jobs reported:** 17
## Lender
- **Originating:** Security Bank & Trust Company
- **Servicing:** Security Bank & Trust Company (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*