
|
CIPCO Community and Economic Development RLF
|
Loan Type
|
Date |
Recipient |
Rate |
Term |
Amount |
Purpose |
Jobs Created |
|
REDLG
|
06-10-04
|
City of Greenfield
|
0%
|
10 yrs
|
$200,000
|
Business expansion
|
40
|
|
REDLG
|
11-01-05
|
Perry Economic Development
|
0%
|
10 yrs
|
$300,000
|
Speculative building
|
0
|
|
REDLG
|
05-13-08
|
Fuller Family Dental
|
0%
|
10 yrs
|
$175,000
|
Office and equipment
|
5
|
|
REDLG
|
08-04-08
|
Corning Aquatic Center
|
0%
|
10 yrs
|
$300,000
|
New aquatic center
|
10
|
|
REDLG
|
11-14-08
|
Stuart Aquatic Center
|
0%
|
10 yrs
|
$300,000
|
New aquatic center
|
0
|
|
RLF
|
02-28-06
|
Co-Line Welding
|
3%
|
10 yrs
|
$100,000
|
Machinery and equipment
|
8
|
|
RLF
|
08-27-08
|
Phoenix E-Waste
|
3%
|
10 yrs
|
$100,000
|
Building addition
|
2
|
|
RLF
|
10-28-08
|
Parkersburg Economic Development
|
1%
|
3 yrs
|
$50,000
|
Multi-tenant commercial business facility
|
8
|
|
RLF
|
11-05-08
|
Engineered Welding, Inc.
|
4%
|
5 yrs
|
$100,000
|
Additional specialized equipment
|
3
|
|
RLF
|
01-21-09
|
Bennett Development
|
3.25%
|
10 yrs
|
$150,000
|
Road improvements in new commercial/industrial park
|
0
|
|
REDLG Pass-Through
|
01-21-97
|
Industrial Hardfacing
|
0%
|
10 yrs
|
$150,000
|
Business retention & expansion
|
25
|
|
REDLG Pass-Through
|
08-19-97
|
Merchandising Frontiers
|
0%
|
10 yrs
|
$130,000
|
Business expansion
|
20
|
|
REDLG Pass-Through
|
07-29-99
|
Co-Line Welding
|
0%
|
10 yrs
|
$250,000
|
Business expansion
|
9
|
|
REDLG Pass-Through
|
09-16-08
|
River Bend Industries
|
0%
|
10 yrs
|
$740,000
|
Purchase bankrupt business
|
136
|
| REDLG Pass-Through |
02-26-10 |
Southwestern Community College |
0% |
10 yrs |
$740,000 |
New dormitory |
5 |
|
IRP
|
06-01-05
|
Plastics Unlimited, Inc.
|
3%
|
10 yrs
|
$150,000
|
Training and technical process design for new technology
|
29
|
|
IRP
|
03-22-06
|
L&M Radiator, Inc.
|
3%
|
10 yrs
|
$250,000
|
Machinery and equipment
|
41
|
|
IRP
|
04-21-06
|
Engineered Welding, Inc.
|
3%
|
7 yrs
|
$90,000
|
Additional specialized equipment
|
4
|
|
IRP
|
06-28-06
|
Blue Grass Building, Inc.
|
3%
|
10 yrs
|
$35,000
|
Business expansion
|
7
|
|
IRP
|
10-12- 06
|
Mid-State Milling, Inc.
|
3%
|
5 yrs
|
$100,000
|
Business expansion
|
6
|
|
RLF
|
08-15-08
|
ACEDC
|
3%
|
10 yrs
|
$42,500
|
Speculative building
|
0
|
| |
|
|
|
Total
|
$4,452,500
|
|
358
|
Central Iowa Power Cooperative • P.O. Box 2517 Cedar Rapids, IA 52406-2517 Phone: (319) 366-8011 Fax:(319) 366-8626 • Contact Us
|