PPP Loan information for Plainview milk products cooperative

$1,079,400

Plainview milk products cooperative was initially approved for PPP Loan of amount $1,079,400, the current approved amount is $1,079,400. The loan was approved on 04/07/2020 by The Foresight Bank reported 80 jobs and $1,079,400 was used to fund payroll.

Plainview milk products cooperative is Existing or more than 2 years old

PLAINVIEW MILK PRODUCTS COOPERATIVE

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PLAINVIEW MILK PRODUCTS COOPERATIVE

Borrower Address

130 2ND ST SW

Borrower City

PLAINVIEW

Borrower State

MN

Borrower Zip

55964-1217

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1079400.00

Current Approval Amount

1079400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38758

Servicing Lender Name

Foresight Bank

Servicing Lender Address

138 W Broadway

Servicing Lender City

PLAINVIEW

Servicing Lender State

MN

Servicing Lender Zip

55964-1236

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLAINVIEW

Project County Name

WABASHA

Project State

MN

Project Zip

55964-1217

CD

MN-01

Jobs Reported

80

NAICS Code

311512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

1059400.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38758

Originating Lender

Foresight Bank

Originating Lender City

PLAINVIEW

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1086625.98

Forgiveness Date

12/08/2020

;