PPP Loan information for Minnesota dairy herd imporvement association

Date Approved

05/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA DAIRY HERD IMPORVEMENT ASSOCIATION

Borrower Address

307 Brighton Avenue South

Borrower City

Buffalo

Borrower State

MN

Borrower Zip

55313-0486

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36703

Servicing Lender Name

Cambridge State Bank

Servicing Lender Address

127 S Main St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MN

Servicing Lender Zip

55008-1535

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Buffalo

Project County Name

WRIGHT

Project State

MN

Project Zip

55313-0486

CD

MN-06

Jobs Reported

56

NAICS Code

115210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8500.00

Payroll Proceed

264600.00

Mortgage Interest Proceed

0.00

Rent Proceed

2400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24500.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

36703

Originating Lender

Cambridge State Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

301783.33

Forgiveness Date

12/23/2020