PPP Loan information for United quality cooperative

$2,000,000

United quality cooperative was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/02/2021 by The Cornerstone Bank reported 159 jobs and $2,000,000 was used to fund payroll.

United quality cooperative is Existing or more than 2 years old

PPP Loan Search / ND / New Town / United quality cooperative

UNITED QUALITY COOPERATIVE

Date Approved

02/02/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

UNITED QUALITY COOPERATIVE

Borrower Address

99 Coop St

Borrower City

New Town

Borrower State

ND

Borrower Zip

58763

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Town

Project County Name

MOUNTRAIL

Project State

ND

Project Zip

58763

CD

ND-

Jobs Reported

159

NAICS Code

424710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2010666.67

Forgiveness Date

08/17/2021

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