PPP Loan information for Molitor brothers farm

$342,371

Molitor brothers farm was initially approved for PPP Loan of amount $342,371, the current approved amount is $342,371. The loan was approved on 02/05/2021 by The Security Bank USA reported 32 jobs and $342,371 was used to fund payroll.

Molitor brothers farm is Existing or more than 2 years old

MOLITOR BROTHERS FARM

Date Approved

02/05/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MOLITOR BROTHERS FARM

Borrower Address

13187 240th St E

Borrower City

Cannon Falls

Borrower State

MN

Borrower Zip

55009-9102

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

342371.00

Current Approval Amount

342371.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36647

Servicing Lender Name

Security Bank USA

Servicing Lender Address

1025 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cannon Falls

Project County Name

DAKOTA

Project State

MN

Project Zip

55009-9102

CD

MN-02

Jobs Reported

32

NAICS Code

115113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

342371.00

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

Partnership

Originating Lender Location Id

36647

Originating Lender

Security Bank USA

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

344903.61

Forgiveness Date

11/08/2021

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