# PPP loan: EASTERN IOWA LIGHT AND POWER COOPERATIVE
> **$1.84M** approved 04/10/2020 · Paid in Full · Loan `2092617104`
## Borrower
- **Name:** EASTERN IOWA LIGHT AND POWER COOPERATIVE
- **Address:** 1705 W 3RD ST, WILTON, IA, 52778-9620
- **NAICS:** 221122
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.84M
- **Initial approval:** $1.84M
- **Forgiven:** $1.85M (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.81M
- **Utilities:** $30K
- **Jobs reported:** 92
## Lender
- **Originating:** Community Bank and Trust Company
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*