PPP Loan information for The grain exchange inc.

$75,576

The grain exchange inc. was initially approved for PPP Loan of amount $75,576, the current approved amount is $75,576. The loan was approved on 01/28/2021 by The First National Bank reported 22 jobs and $75,576 was used to fund payroll.

The grain exchange inc. is Existing or more than 2 years old

THE GRAIN EXCHANGE INC.

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE GRAIN EXCHANGE INC.

Borrower Address

2022 Maple Ave

Borrower City

Slayton

Borrower State

MN

Borrower Zip

56172-1151

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75576.00

Current Approval Amount

75576.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38099

Servicing Lender Name

First National Bank

Servicing Lender Address

141 E Main St

Servicing Lender City

OLDHAM

Servicing Lender State

SD

Servicing Lender Zip

57051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Slayton

Project County Name

MURRAY

Project State

MN

Project Zip

56172-1151

CD

MN-07

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

75575.00

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

38099

Originating Lender

First National Bank

Originating Lender City

OLDHAM

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76128.12

Forgiveness Date

10/20/2021

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