PPP Loan information for Farmers cooperative elevator company

$686,000

Farmers cooperative elevator company was initially approved for PPP Loan of amount $686,000, the current approved amount is $686,000. The loan was approved on 04/28/2020 by The Nebraska Bank reported 59 jobs and $686,000 was used to fund payroll.

Farmers cooperative elevator company is Existing or more than 2 years old

FARMERS COOPERATIVE ELEVATOR COMPANY

Date Approved

04/28/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

FARMERS COOPERATIVE ELEVATOR COMPANY

Borrower Address

317 OSBORN

Borrower City

HEMINGFORD

Borrower State

NE

Borrower Zip

69348

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686000.00

Current Approval Amount

686000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42153

Servicing Lender Name

Nebraska Bank

Servicing Lender Address

355 Second St

Servicing Lender City

DODGE

Servicing Lender State

NE

Servicing Lender Zip

68633

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HEMINGFORD

Project County Name

BOX BUTTE

Project State

NE

Project Zip

69348-0001

CD

NE-03

Jobs Reported

59

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

171500.00

Payroll Proceed

514500.00

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

42153

Originating Lender

Nebraska Bank

Originating Lender City

DODGE

Originating Lender State

NE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

689544.33

Forgiveness Date

11/03/2020

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