PPP Loan information for Ag plus cooperative

$1,426,500

Ag plus cooperative was initially approved for PPP Loan of amount $1,426,500, the current approved amount is $1,426,500. The loan was approved on 04/08/2020 by The Minnwest Bank reported 166 jobs and $1,426,500 was used to fund payroll.

Ag plus cooperative is Existing or more than 2 years old

AG PLUS COOPERATIVE

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AG PLUS COOPERATIVE

Borrower Address

1100 E MAIN ST

Borrower City

MARSHALL

Borrower State

MN

Borrower Zip

56258-2505

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1426500.00

Current Approval Amount

1426500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHALL

Project County Name

LYON

Project State

MN

Project Zip

56258-2505

CD

MN-07

Jobs Reported

166

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1426500.00

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

Corporation

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1434863.59

Forgiveness Date

11/17/2020

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