PPP Loan information for Agralite electric cooperative

$714,660

Agralite electric cooperative was initially approved for PPP Loan of amount $714,660, the current approved amount is $714,660. The loan was approved on 04/27/2020 by The Co-op CU of Montevideo reported 28 jobs and $714,660 was used to fund payroll.

Agralite electric cooperative is Unanswered

PPP Loan Search / MN / BENSON / Agralite electric cooperative

AGRALITE ELECTRIC COOPERATIVE

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AGRALITE ELECTRIC COOPERATIVE

Borrower Address

320 E Hwy 12

Borrower City

BENSON

Borrower State

MN

Borrower Zip

56215-1398

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

714660.00

Current Approval Amount

714660.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99637

Servicing Lender Name

Co-op CU of Montevideo

Servicing Lender Address

2407 E Hwy 7

Servicing Lender City

MONTEVIDEO

Servicing Lender State

MN

Servicing Lender Zip

56265-3151

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

BENSON

Project County Name

SWIFT

Project State

MN

Project Zip

56215-1398

CD

MN-07

Jobs Reported

28

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

714660.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

99637

Originating Lender

Co-op CU of Montevideo

Originating Lender City

MONTEVIDEO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

721649.96

Forgiveness Date

04/26/2021

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