PPP borrower record

FRANKLIN RURAL ELECTRIC COOPERATIVE PPP loan record

Public SBA PPP loan record for FRANKLIN RURAL ELECTRIC COOPERATIVE. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$220,000
Approved amount
$221,290
Forgiven amount
2020-04-27
Date approved

Borrower and loan details

Borrower
FRANKLIN RURAL ELECTRIC COOPERATIVE
Loan number
4057257205
Business type
Cooperative
Business age
Existing or more than 2 years old
Borrower city
Hampton
Borrower state
Iowa
Borrower ZIP
50441
Jobs reported
14
Loan status
Paid in Full
Forgiveness date
2020-12-02
Servicing lender
First Bank Hampton
Originating lender
First Bank Hampton

Reported use of proceeds

Payroll
$220,000
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.