PPP Loan information for Granite falls energy llc

$703,900

Granite falls energy llc was initially approved for PPP Loan of amount $703,900, the current approved amount is $703,900. The loan was approved on 02/03/2021 by The FM Bank reported 43 jobs and $703,900 was used to fund payroll.

Granite falls energy llc is Existing or more than 2 years old

PPP Loan Search / MN / Granite Falls / Granite falls energy llc

GRANITE FALLS ENERGY LLC

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GRANITE FALLS ENERGY LLC

Borrower Address

15045 Highway 23 SE

Borrower City

Granite Falls

Borrower State

MN

Borrower Zip

56241-1946

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

703900.00

Current Approval Amount

703900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Granite Falls

Project County Name

YELLOW MEDICINE

Project State

MN

Project Zip

56241-1946

CD

MN-07

Jobs Reported

43

NAICS Code

325193

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

703895.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

707004.87

Forgiveness Date

07/20/2021

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