PPP Loan information for Natural abundance food coop

$39,945

Natural abundance food coop was initially approved for PPP Loan of amount $39,945, the current approved amount is $39,945. The loan was approved on 05/01/2020 by The Area FCU reported 11 jobs and $39,945 was used to fund payroll.

Natural abundance food coop is Existing or more than 2 years old

NATURAL ABUNDANCE FOOD COOP

Date Approved

05/01/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

NATURAL ABUNDANCE FOOD COOP

Borrower Address

112 N MAIN ST Suite 2

Borrower City

ABERDEEN

Borrower State

SD

Borrower Zip

57401-3480

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39944.65

Current Approval Amount

39944.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

105026

Servicing Lender Name

Area FCU

Servicing Lender Address

2324 8th Ave NE

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-3215

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ABERDEEN

Project County Name

BROWN

Project State

SD

Project Zip

57401-3480

CD

SD-

Jobs Reported

11

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3444.65

Payroll Proceed

32000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

105026

Originating Lender

Area FCU

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40227.00

Forgiveness Date

01/26/2021

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