PPP Loan information for Terning seeds inc

$112,540

Terning seeds inc was initially approved for PPP Loan of amount $112,540, the current approved amount is $112,540. The loan was approved on 04/09/2020 by The The First National Bank of Cokato reported 8 jobs and $112,540 was used to fund payroll.

Terning seeds inc is Existing or more than 2 years old

PPP Loan Search / MN / COKATO / Terning seeds inc

TERNING SEEDS INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TERNING SEEDS INC

Borrower Address

15365 60th St SW

Borrower City

COKATO

Borrower State

MN

Borrower Zip

55321-4345

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112540.00

Current Approval Amount

112540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36741

Servicing Lender Name

The First National Bank of Cokato

Servicing Lender Address

365 Broadway Ave S

Servicing Lender City

COKATO

Servicing Lender State

MN

Servicing Lender Zip

55321-4292

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COKATO

Project County Name

WRIGHT

Project State

MN

Project Zip

55321-4345

CD

MN-06

Jobs Reported

8

NAICS Code

311224

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112540.00

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

Subchapter S Corporation

Originating Lender Location Id

36741

Originating Lender

The First National Bank of Cokato

Originating Lender City

COKATO

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113365.29

Forgiveness Date

01/07/2021

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