PPP Loan information for Minnesota ag power inc

$5,002,500

Minnesota ag power inc was initially approved for PPP Loan of amount $5,002,500, the current approved amount is $5,002,500. The loan was approved on 04/11/2020 by The Eagle Bank reported 365 jobs and $5,002,500 was used to fund payroll.

Minnesota ag power inc is Existing or more than 2 years old

PPP Loan Search / MN / GLENCOE / Minnesota ag power inc

MINNESOTA AG POWER INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA AG POWER INC

Borrower Address

4561 HIGHWAY 212

Borrower City

GLENCOE

Borrower State

MN

Borrower Zip

55336-5344

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5002500.00

Current Approval Amount

5002500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38125

Servicing Lender Name

Eagle Bank

Servicing Lender Address

2 S Franklin St

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-5111

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GLENCOE

Project County Name

MCLEOD

Project State

MN

Project Zip

55336-5344

CD

MN-07

Jobs Reported

365

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5002500.00

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

38125

Originating Lender

Eagle Bank

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5063215.27

Forgiveness Date

07/02/2021

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