PPP Loan information for Community co-op association

$432,150

Community co-op association was initially approved for PPP Loan of amount $432,150, the current approved amount is $432,150. The loan was approved on 03/12/2021 by The The State Bank of Faribault reported 49 jobs and $432,150 was used to fund payroll.

Community co-op association is Existing or more than 2 years old

PPP Loan Search / MN / Faribault / Community co-op association

COMMUNITY CO-OP ASSOCIATION

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

COMMUNITY CO-OP ASSOCIATION

Borrower Address

9 Central Ave N

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-5208

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

432150.00

Current Approval Amount

432150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-5208

CD

MN-01

Jobs Reported

49

NAICS Code

447110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

432148.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

434742.90

Forgiveness Date

10/19/2021

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