PPP Loan information for Molitor brothers farm

$302,000

Molitor brothers farm was initially approved for PPP Loan of amount $302,000, the current approved amount is $302,000. The loan was approved on 04/06/2020 by The Security Bank USA reported 21 jobs and $302,000 was used to fund payroll.

Molitor brothers farm is Existing or more than 2 years old

PPP Loan Search / MN / CANNON FALLS / Molitor brothers farm

MOLITOR BROTHERS FARM

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

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

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302000.00

Current Approval Amount

302000.00

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

21

NAICS Code

111998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

228000.00

Mortgage Interest Proceed

52000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

18000

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

304366.36

Forgiveness Date

01/28/2021

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