PPP Loan information for Monte vista potato growers' cooperative assoc

$297,693

Monte vista potato growers' cooperative assoc was initially approved for PPP Loan of amount $297,693, the current approved amount is $297,693. The loan was approved on 04/13/2020 by The First Southwest Bank reported 47 jobs and $297,693 was used to fund payroll.

Monte vista potato growers' cooperative assoc is Existing or more than 2 years old

MONTE VISTA POTATO GROWERS' COOPERATIVE ASSOC

Date Approved

04/13/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MONTE VISTA POTATO GROWERS' COOPERATIVE ASSOC

Borrower Address

2529 E COUNTY ROAD 6 N

Borrower City

MONTE VISTA

Borrower State

CO

Borrower Zip

81144-9717

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297692.87

Current Approval Amount

297692.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378609

Servicing Lender Name

First Southwest Bank

Servicing Lender Address

720 Main St

Servicing Lender City

ALAMOSA

Servicing Lender State

CO

Servicing Lender Zip

81101-2540

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MONTE VISTA

Project County Name

RIO GRANDE

Project State

CO

Project Zip

81144-9717

CD

CO-03

Jobs Reported

47

NAICS Code

115114

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27692.87

Payroll Proceed

270000.00

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

378609

Originating Lender

First Southwest Bank

Originating Lender City

ALAMOSA

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299446.40

Forgiveness Date

11/17/2020

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