PPP Loan information for Farmers, union industries, llc

$7,058,600

Farmers, union industries, llc was initially approved for PPP Loan of amount $7,058,600, the current approved amount is $7,058,600. The loan was approved on 04/12/2020 by The Minnwest Bank reported 500 jobs and $7,058,600 was used to fund payroll.

Farmers, union industries, llc is Existing or more than 2 years old

PPP Loan Search / MN / REDWOOD FALLS / Farmers, union industries, llc

FARMERS, UNION INDUSTRIES, LLC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FARMERS, UNION INDUSTRIES, LLC

Borrower Address

220 PONDEROSA RD

Borrower City

REDWOOD FALLS

Borrower State

MN

Borrower Zip

56283-2623

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7058600.00

Current Approval Amount

7058600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REDWOOD FALLS

Project County Name

REDWOOD

Project State

MN

Project Zip

56283-2623

CD

MN-07

Jobs Reported

500

NAICS Code

311613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7058600.00

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

Partnership

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7140015.63

Forgiveness Date

06/11/2021

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