PPP Loan information for Spiral food co-op

$57,405

Spiral food co-op was initially approved for PPP Loan of amount $57,405, the current approved amount is $57,405. The loan was approved on 04/15/2020 by The Vermillion State Bank reported 16 jobs and $57,405 was used to fund payroll.

Spiral food co-op is Existing or more than 2 years old

PPP Loan Search / MN / HASTINGS / Spiral food co-op

SPIRAL FOOD CO-OP

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SPIRAL FOOD CO-OP

Borrower Address

1250 S Frontage Rd

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57404.90

Current Approval Amount

57404.90

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-0001

CD

MN-02

Jobs Reported

16

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3560.00

Payroll Proceed

44991.75

Mortgage Interest Proceed

0.00

Rent Proceed

8853.15

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

57805.14

Forgiveness Date

12/31/2020

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