PPP Loan information for Minnkota dairy specialists, inc

$53,400

Minnkota dairy specialists, inc was initially approved for PPP Loan of amount $53,400, the current approved amount is $53,400. The loan was approved on 04/07/2020 by The Magnifi Financial CU reported 21 jobs and $53,400 was used to fund payroll.

Minnkota dairy specialists, inc is New Business or 2 years or less

PPP Loan Search / SD / BRANDON / Minnkota dairy specialists, inc

MINNKOTA DAIRY SPECIALISTS, INC

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MINNKOTA DAIRY SPECIALISTS, INC

Borrower Address

711 N 9TH AVE

Borrower City

BRANDON

Borrower State

SD

Borrower Zip

57005-2034

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53400.00

Current Approval Amount

53400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BRANDON

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57005-2034

CD

SD-

Jobs Reported

21

NAICS Code

454390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3962.00

Payroll Proceed

48813.00

Mortgage Interest Proceed

0.00

Rent Proceed

625.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

53699.92

Forgiveness Date

11/05/2020

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