PPP Loan information for Ag partners cooperative

$5,663,100

Ag partners cooperative was initially approved for PPP Loan of amount $5,663,100, the current approved amount is $5,663,100. The loan was approved on 04/10/2020 by The Merchants Bank, National Association reported 384 jobs and $5,663,100 was used to fund payroll.

Ag partners cooperative is Existing or more than 2 years old

PPP Loan Search / MN / CANNON FALLS / Ag partners cooperative

AG PARTNERS COOPERATIVE

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AG PARTNERS COOPERATIVE

Borrower Address

721 SAINT CLAIR ST W

Borrower City

CANNON FALLS

Borrower State

MN

Borrower Zip

55009-1255

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5663100.00

Current Approval Amount

5663100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANNON FALLS

Project County Name

GOODHUE

Project State

MN

Project Zip

55009-1255

CD

MN-01

Jobs Reported

384

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

105000.00

Payroll Proceed

4966176.00

Mortgage Interest Proceed

7924.00

Rent Proceed

584000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5738450.69

Forgiveness Date

08/13/2021

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