PPP Loan information for Agricultural utilization research institute, inc.

$483,700

Agricultural utilization research institute, inc. was initially approved for PPP Loan of amount $483,700, the current approved amount is $483,700. The loan was approved on 04/14/2020 by The United Valley Bank reported 30 jobs and $483,700 was used to fund payroll.

Agricultural utilization research institute, inc. is Existing or more than 2 years old

AGRICULTURAL UTILIZATION RESEARCH INSTITUTE, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AGRICULTURAL UTILIZATION RESEARCH INSTITUTE, INC.

Borrower Address

510 County Road 71, Suite 120

Borrower City

CROOKSTON

Borrower State

MN

Borrower Zip

56716

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

483700.00

Current Approval Amount

483700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52701

Servicing Lender Name

United Valley Bank

Servicing Lender Address

211 Division Ave S

Servicing Lender City

CAVALIER

Servicing Lender State

ND

Servicing Lender Zip

58220

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CROOKSTON

Project County Name

POLK

Project State

MN

Project Zip

56716-0001

CD

MN-07

Jobs Reported

30

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2160.00

Payroll Proceed

445445.00

Mortgage Interest Proceed

0.00

Rent Proceed

36095.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

52701

Originating Lender

United Valley Bank

Originating Lender City

CAVALIER

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

486270.90

Forgiveness Date

11/03/2020

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