PPP Loan information for Bagley co-op association

$191,998

Bagley co-op association was initially approved for PPP Loan of amount $191,998, the current approved amount is $191,998. The loan was approved on 04/13/2020 by The The First National Bank of Bagley reported 45 jobs and $191,998 was used to fund payroll.

Bagley co-op association is Existing or more than 2 years old

PPP Loan Search / MN / Bagley / Bagley co-op association

BAGLEY CO-OP ASSOCIATION

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BAGLEY CO-OP ASSOCIATION

Borrower Address

1309 Central St. W

Borrower City

Bagley

Borrower State

MN

Borrower Zip

56621

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191997.50

Current Approval Amount

191997.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36624

Servicing Lender Name

The First National Bank of Bagley

Servicing Lender Address

31 Central St, East

Servicing Lender City

BAGLEY

Servicing Lender State

MN

Servicing Lender Zip

56621-8508

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bagley

Project County Name

CLEARWATER

Project State

MN

Project Zip

56621-0001

CD

MN-07

Jobs Reported

45

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16992.00

Payroll Proceed

153598.00

Mortgage Interest Proceed

19356.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

2051.5

Business Type

Cooperative

Originating Lender Location Id

36624

Originating Lender

The First National Bank of Bagley

Originating Lender City

BAGLEY

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

193608.15

Forgiveness Date

02/19/2021

;