PPP Loan information for Freeborn county cooperative oil company

$367,362

Freeborn county cooperative oil company was initially approved for PPP Loan of amount $367,362, the current approved amount is $367,362. The loan was approved on 04/27/2020 by The CoBank ACB reported 61 jobs and $367,362 was used to fund payroll.

Freeborn county cooperative oil company is Existing or more than 2 years old

FREEBORN COUNTY COOPERATIVE OIL COMPANY

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FREEBORN COUNTY COOPERATIVE OIL COMPANY

Borrower Address

1840 MARGARETHA AVE

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-3233

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367362.00

Current Approval Amount

367362.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-3233

CD

MN-01

Jobs Reported

61

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

367362.00

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

194499

Originating Lender

CoBank ACB

Originating Lender City

Greenwood Village

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

359516.10

Forgiveness Date

12/04/2020

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