PPP Loan information for Kolb dairy, inc

$75,900

Kolb dairy, inc was initially approved for PPP Loan of amount $75,900, the current approved amount is $75,900. The loan was approved on 04/10/2020 by The Magnifi Financial CU reported 9 jobs and $75,900 was used to fund payroll.

Kolb dairy, inc is New Business or 2 years or less

PPP Loan Search / MN / PAYNESVILLE / Kolb dairy, inc

KOLB DAIRY, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KOLB DAIRY, INC

Borrower Address

27873 COUNTY ROAD 12

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-9702

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75900.00

Current Approval Amount

75900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-9702

CD

MN-07

Jobs Reported

9

NAICS Code

112120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75900.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76448.98

Forgiveness Date

01/07/2021

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