PPP Loan information for Minnesota family farms cooperative

$258,200

Minnesota family farms cooperative was initially approved for PPP Loan of amount $258,200, the current approved amount is $258,200. The loan was approved on 04/05/2020 by The Pioneer Bank reported 24 jobs and $258,200 was used to fund payroll.

Minnesota family farms cooperative is New Business or 2 years or less

PPP Loan Search / MN / MAPLETON / Minnesota family farms cooperative

MINNESOTA FAMILY FARMS COOPERATIVE

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA FAMILY FARMS COOPERATIVE

Borrower Address

503 Silver St E

Borrower City

MAPLETON

Borrower State

MN

Borrower Zip

56065-2040

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258200.00

Current Approval Amount

258200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MAPLETON

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56065-2040

CD

MN-01

Jobs Reported

24

NAICS Code

112210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

258200.00

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

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

259906.99

Forgiveness Date

12/08/2020

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