PPP Loan information for Farmers cooperative association, inc.

$358,790

Farmers cooperative association, inc. was initially approved for PPP Loan of amount $358,790, the current approved amount is $358,790. The loan was approved on 04/09/2020 by The Woodsboro Bank reported 30 jobs and $358,790 was used to fund payroll.

Farmers cooperative association, inc. is Existing or more than 2 years old

FARMERS COOPERATIVE ASSOCIATION, INC.

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

FARMERS COOPERATIVE ASSOCIATION, INC.

Borrower Address

820 E South Street

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21701-5752

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

358790.00

Current Approval Amount

358790.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30930

Servicing Lender Name

Woodsboro Bank

Servicing Lender Address

5 N Main St

Servicing Lender City

WOODSBORO

Servicing Lender State

MD

Servicing Lender Zip

21798-8816

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21701-5752

CD

MD-06

Jobs Reported

30

NAICS Code

444220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

358790.00

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

Corporation

Originating Lender Location Id

30930

Originating Lender

Woodsboro Bank

Originating Lender City

WOODSBORO

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

360775.63

Forgiveness Date

11/03/2020

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