PPP Loan information for Park region co-op

$123,387

Park region co-op was initially approved for PPP Loan of amount $123,387, the current approved amount is $123,387. The loan was approved on 04/27/2020 by The Minnesota National Bank reported 13 jobs and $123,387 was used to fund payroll.

Park region co-op is Existing or more than 2 years old

PPP Loan Search / MN / PELICAN RAPIDS / Park region co-op

PARK REGION CO-OP

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PARK REGION CO-OP

Borrower Address

120 S Broadway

Borrower City

PELICAN RAPIDS

Borrower State

MN

Borrower Zip

56572-0630

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123387.00

Current Approval Amount

123387.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38880

Servicing Lender Name

Minnesota National Bank

Servicing Lender Address

131 12th St South

Servicing Lender City

SAUK CENTRE

Servicing Lender State

MN

Servicing Lender Zip

56378-1682

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PELICAN RAPIDS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56572-0630

CD

MN-07

Jobs Reported

13

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123387.00

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

38880

Originating Lender

Minnesota National Bank

Originating Lender City

SAUK CENTRE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

124161.60

Forgiveness Date

12/17/2020

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