PPP Loan information for Rugby farmers elevator

$333,050

Rugby farmers elevator was initially approved for PPP Loan of amount $333,050, the current approved amount is $333,050. The loan was approved on 04/07/2020 by The Merchants Bank reported 18 jobs and $333,050 was used to fund payroll.

Rugby farmers elevator is Existing or more than 2 years old

PPP Loan Search / ND / RUGBY / Rugby farmers elevator

RUGBY FARMERS ELEVATOR

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RUGBY FARMERS ELEVATOR

Borrower Address

201 Dewey St. SE

Borrower City

RUGBY

Borrower State

ND

Borrower Zip

58368-0286

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

333050.00

Current Approval Amount

333050.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52945

Servicing Lender Name

Merchants Bank

Servicing Lender Address

210 S Main Ave

Servicing Lender City

RUGBY

Servicing Lender State

ND

Servicing Lender Zip

58368-1721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RUGBY

Project County Name

PIERCE

Project State

ND

Project Zip

58368-0286

CD

ND-

Jobs Reported

18

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

66610.00

Payroll Proceed

266440.00

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

52945

Originating Lender

Merchants Bank

Originating Lender City

RUGBY

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334955.79

Forgiveness Date

11/03/2020

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