PPP Loan information for Grain exchange, inc.

$58,700

Grain exchange, inc. was initially approved for PPP Loan of amount $58,700, the current approved amount is $58,700. The loan was approved on 05/05/2020 by The First National Bank reported 12 jobs and $58,700 was used to fund payroll.

Grain exchange, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SLAYTON / Grain exchange, inc.

GRAIN EXCHANGE, INC.

Date Approved

05/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GRAIN EXCHANGE, INC.

Borrower Address

2022 MAPLE AVE

Borrower City

SLAYTON

Borrower State

MN

Borrower Zip

56172-1151

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58700.00

Current Approval Amount

58700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38099

Servicing Lender Name

First National Bank

Servicing Lender Address

141 E Main St

Servicing Lender City

OLDHAM

Servicing Lender State

SD

Servicing Lender Zip

57051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SLAYTON

Project County Name

MURRAY

Project State

MN

Project Zip

56172-1151

CD

MN-07

Jobs Reported

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14675.00

Payroll Proceed

44025.00

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

Subchapter S Corporation

Originating Lender Location Id

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59089.70

Forgiveness Date

01/07/2021

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