PPP Loan information for Lake andes farmers cooperative company

$98,565

Lake andes farmers cooperative company was initially approved for PPP Loan of amount $98,565, the current approved amount is $98,565. The loan was approved on 04/27/2020 by The Andes State Bank reported 7 jobs and $98,565 was used to fund payroll.

Lake andes farmers cooperative company is Existing or more than 2 years old

PPP Loan Search / SD / Lake Andes / Lake andes farmers cooperative company

LAKE ANDES FARMERS COOPERATIVE COMPANY

Date Approved

04/27/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

LAKE ANDES FARMERS COOPERATIVE COMPANY

Borrower Address

29189 382nd Ave

Borrower City

Lake Andes

Borrower State

SD

Borrower Zip

57356

Loan Status Date

11/07/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98565.00

Current Approval Amount

98565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66541

Servicing Lender Name

Andes State Bank

Servicing Lender Address

213 Main St

Servicing Lender City

LAKE ANDES

Servicing Lender State

SD

Servicing Lender Zip

57356-2031

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lake Andes

Project County Name

CHARLES MIX

Project State

SD

Project Zip

57356-0001

CD

SD-

Jobs Reported

7

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98565.00

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

66541

Originating Lender

Andes State Bank

Originating Lender City

LAKE ANDES

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98994.85

Forgiveness Date

10/13/2020

;