PPP Loan information for May-port farmers elevator

$250,600

May-port farmers elevator was initially approved for PPP Loan of amount $250,600, the current approved amount is $250,600. The loan was approved on 04/04/2020 by The First State Bank reported 20 jobs and $250,600 was used to fund payroll.

May-port farmers elevator is Existing or more than 2 years old

PPP Loan Search / ND / MAYVILLE / May-port farmers elevator

MAY-PORT FARMERS ELEVATOR

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MAY-PORT FARMERS ELEVATOR

Borrower Address

945 3rd Street SE

Borrower City

MAYVILLE

Borrower State

ND

Borrower Zip

58257-1630

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250600.00

Current Approval Amount

250600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52691

Servicing Lender Name

First State Bank

Servicing Lender Address

423 Broadway

Servicing Lender City

BUXTON

Servicing Lender State

ND

Servicing Lender Zip

58218

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAYVILLE

Project County Name

TRAILL

Project State

ND

Project Zip

58257-1630

CD

ND-

Jobs Reported

20

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250600.00

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

52691

Originating Lender

First State Bank

Originating Lender City

BUXTON

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

252166.25

Forgiveness Date

11/25/2020

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