PPP Loan information for Farmers cooperative elevator co.

$591,573

Farmers cooperative elevator co. was initially approved for PPP Loan of amount $591,573, the current approved amount is $591,573. The loan was approved on 04/11/2020 by The CoBank ACB reported 44 jobs and $591,573 was used to fund payroll.

Farmers cooperative elevator co. is Existing or more than 2 years old

FARMERS COOPERATIVE ELEVATOR CO.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FARMERS COOPERATIVE ELEVATOR CO.

Borrower Address

3302 PROSPECT ST P.O. Box 219

Borrower City

HUDSONVILLE

Borrower State

MI

Borrower Zip

49426-1420

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

591572.50

Current Approval Amount

591572.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

194499

Servicing Lender Name

CoBank ACB

Servicing Lender Address

6340 S Fiddlers Green Cir #1908

Servicing Lender City

Greenwood Village

Servicing Lender State

CO

Servicing Lender Zip

80111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSONVILLE

Project County Name

OTTAWA

Project State

MI

Project Zip

49426-1420

CD

MI-02

Jobs Reported

44

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

591572.50

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

596239.35

Forgiveness Date

01/26/2021

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