PPP Loan information for Minnesota feed distributors inc.

$193,200

Minnesota feed distributors inc. was initially approved for PPP Loan of amount $193,200, the current approved amount is $193,200. The loan was approved on 04/15/2020 by The FM Bank reported 18 jobs and $193,200 was used to fund payroll.

Minnesota feed distributors inc. is Existing or more than 2 years old

PPP Loan Search / MN / GRANITE FALLS / Minnesota feed distributors inc.

MINNESOTA FEED DISTRIBUTORS INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA FEED DISTRIBUTORS INC.

Borrower Address

1801 County Road 38 Po Box 180

Borrower City

GRANITE FALLS

Borrower State

MN

Borrower Zip

56241-4101

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193200.00

Current Approval Amount

193200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRANITE FALLS

Project County Name

RENVILLE

Project State

MN

Project Zip

56241-4101

CD

MN-07

Jobs Reported

18

NAICS Code

424910

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

193200.00

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

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194645.03

Forgiveness Date

01/20/2021

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