PPP Loan information for Fosston tri-coop

$205,600

Fosston tri-coop was initially approved for PPP Loan of amount $205,600, the current approved amount is $205,600. The loan was approved on 04/06/2020 by The Ultima Bank Minnesota reported 21 jobs and $205,600 was used to fund payroll.

Fosston tri-coop is Existing or more than 2 years old

FOSSTON TRI-COOP

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FOSSTON TRI-COOP

Borrower Address

120 S. Johnson

Borrower City

FOSSTON

Borrower State

MN

Borrower Zip

56542-0088

Loan Status Date

01/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205600.00

Current Approval Amount

205600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FOSSTON

Project County Name

POLK

Project State

MN

Project Zip

56542-0088

CD

MN-07

Jobs Reported

21

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205600.00

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

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

206726.58

Forgiveness Date

11/03/2020

;