PPP Loan information for The first district association

$3,000,000

The first district association was initially approved for PPP Loan of amount $3,000,000, the current approved amount is $3,000,000. The loan was approved on 04/08/2020 by The Center National Bank reported 166 jobs and $3,000,000 was used to fund payroll.

The first district association is Existing or more than 2 years old

PPP Loan Search / MN / LITCHFIELD / The first district association

THE FIRST DISTRICT ASSOCIATION

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE FIRST DISTRICT ASSOCIATION

Borrower Address

101 South Swift Avenue

Borrower City

LITCHFIELD

Borrower State

MN

Borrower Zip

55355-2800

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3000000.00

Current Approval Amount

3000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38324

Servicing Lender Name

Center National Bank

Servicing Lender Address

301 N Ramsey Ave

Servicing Lender City

LITCHFIELD

Servicing Lender State

MN

Servicing Lender Zip

55355-2125

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITCHFIELD

Project County Name

MEEKER

Project State

MN

Project Zip

55355-2800

CD

MN-07

Jobs Reported

166

NAICS Code

311511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3000000.00

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

38324

Originating Lender

Center National Bank

Originating Lender City

LITCHFIELD

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3035000.00

Forgiveness Date

06/09/2021

;