PPP Loan information for Farmers elevator company of pelican rapids, mn

$99,400

Farmers elevator company of pelican rapids, mn was initially approved for PPP Loan of amount $99,400, the current approved amount is $99,400. The loan was approved on 04/14/2020 by The Bell Bank reported 18 jobs and $99,400 was used to fund payroll.

Farmers elevator company of pelican rapids, mn is Existing or more than 2 years old

FARMERS ELEVATOR COMPANY OF PELICAN RAPIDS, MN

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FARMERS ELEVATOR COMPANY OF PELICAN RAPIDS, MN

Borrower Address

312 1st st sw PO BOX 631

Borrower City

PELICAN RAPIDS

Borrower State

MN

Borrower Zip

56572-0631

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99400.00

Current Approval Amount

99400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELICAN RAPIDS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56572-0631

CD

MN-07

Jobs Reported

18

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99400.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100029.53

Forgiveness Date

12/10/2020

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