PPP Loan information for Lac qui parle cooperative oil company

$429,300

Lac qui parle cooperative oil company was initially approved for PPP Loan of amount $429,300, the current approved amount is $429,300. The loan was approved on 04/10/2020 by The Minnwest Bank reported 40 jobs and $429,300 was used to fund payroll.

Lac qui parle cooperative oil company is Existing or more than 2 years old

LAC QUI PARLE COOPERATIVE OIL COMPANY

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

LAC QUI PARLE COOPERATIVE OIL COMPANY

Borrower Address

536 Oak St PO Box 350

Borrower City

DAWSON

Borrower State

MN

Borrower Zip

56232-2147

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

429300.00

Current Approval Amount

429300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DAWSON

Project County Name

LAC QUI PARLE

Project State

MN

Project Zip

56232-2147

CD

MN-07

Jobs Reported

40

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

429300.00

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

Cooperative

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

432028.70

Forgiveness Date

12/09/2020

;