PPP Loan information for Fremar farmers cooperative inc

$2,070,500

Fremar farmers cooperative inc was initially approved for PPP Loan of amount $2,070,500, the current approved amount is $2,070,500. The loan was approved on 04/06/2020 by The First Dakota National Bank reported 138 jobs and $2,070,500 was used to fund payroll.

Fremar farmers cooperative inc is Existing or more than 2 years old

PPP Loan Search / SD / MARION / Fremar farmers cooperative inc

FREMAR FARMERS COOPERATIVE INC

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FREMAR FARMERS COOPERATIVE INC

Borrower Address

44608 273rd St PO Box 357

Borrower City

MARION

Borrower State

SD

Borrower Zip

57043-5465

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2070500.00

Current Approval Amount

2070500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66728

Servicing Lender Name

First Dakota National Bank

Servicing Lender Address

225 Cedar St

Servicing Lender City

YANKTON

Servicing Lender State

SD

Servicing Lender Zip

57078-4333

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

TURNER

Project State

SD

Project Zip

57043-5465

CD

SD-

Jobs Reported

138

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1552875.00

Mortgage Interest Proceed

258812.00

Rent Proceed

258813.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

491166.38

Forgiveness Date

06/11/2021

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