PPP Loan information for Gorters clay & dairy equipment of mn, inc

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GORTERS CLAY & DAIRY EQUIPMENT OF MN, INC

Borrower Address

1400 7TH ST SE PO Box786

Borrower City

PIPESTONE

Borrower State

MN

Borrower Zip

56164-2292

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

187435.00

Current Approval Amount

187435.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38337

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

303 E Main St

Servicing Lender City

LUVERNE

Servicing Lender State

MN

Servicing Lender Zip

56156-1901

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PIPESTONE

Project County Name

PIPESTONE

Project State

MN

Project Zip

56164-2292

CD

MN-07

Jobs Reported

22

NAICS Code

115210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187435.00

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

Corporation

Originating Lender Location Id

38337

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

LUVERNE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188434.65

Forgiveness Date

11/03/2020