PPP Loan information for Farmers cooperative, inc

$259,000

Farmers cooperative, inc was initially approved for PPP Loan of amount $259,000, the current approved amount is $259,000. The loan was approved on 04/14/2020 by The Citizens Bank and Trust Company reported 25 jobs and $259,000 was used to fund payroll.

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

FARMERS COOPERATIVE, INC

Date Approved

04/14/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FARMERS COOPERATIVE, INC

Borrower Address

182 SMI WAY

Borrower City

FARMVILLE

Borrower State

VA

Borrower Zip

23901-3201

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259000.00

Current Approval Amount

259000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73109

Servicing Lender Name

Citizens Bank and Trust Company

Servicing Lender Address

126 S Main St

Servicing Lender City

BLACKSTONE

Servicing Lender State

VA

Servicing Lender Zip

23824-1842

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMVILLE

Project County Name

PRINCE EDWARD

Project State

VA

Project Zip

23901-3201

CD

VA-05

Jobs Reported

25

NAICS Code

444220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259000.00

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

73109

Originating Lender

Citizens Bank and Trust Company

Originating Lender City

BLACKSTONE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

260823.64

Forgiveness Date

01/07/2021

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