PPP Loan information for Hutchinson co-op

$555,600

Hutchinson co-op was initially approved for PPP Loan of amount $555,600, the current approved amount is $555,600. The loan was approved on 04/14/2020 by The Citizens Bank & Trust Co reported 100 jobs and $555,600 was used to fund payroll.

Hutchinson co-op is Existing or more than 2 years old

HUTCHINSON CO-OP

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HUTCHINSON CO-OP

Borrower Address

1060 5TH AVE SE

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-7028

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

555600.00

Current Approval Amount

555600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38252

Servicing Lender Name

Citizens Bank & Trust Co

Servicing Lender Address

102 Main St S

Servicing Lender City

HUTCHINSON

Servicing Lender State

MN

Servicing Lender Zip

55350-2575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-7028

CD

MN-07

Jobs Reported

100

NAICS Code

115116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

555600.00

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

38252

Originating Lender

Citizens Bank & Trust Co

Originating Lender City

HUTCHINSON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

559103.37

Forgiveness Date

12/08/2020

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