PPP Loan information for Minnesota ag group, inc. employee stock onwership lan trust

$1,158,800

Minnesota ag group, inc. employee stock onwership lan trust was initially approved for PPP Loan of amount $1,158,800, the current approved amount is $1,158,800. The loan was approved on 04/03/2020 by The Peoples State Bank of Plainview reported 91 jobs and $1,158,800 was used to fund payroll.

Minnesota ag group, inc. employee stock onwership lan trust is Existing or more than 2 years old

MINNESOTA AG GROUP, INC. EMPLOYEE STOCK ONWERSHIP LAN TRUST

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA AG GROUP, INC. EMPLOYEE STOCK ONWERSHIP LAN TRUST

Borrower Address

32907 Northfield Boulevard

Borrower City

NORTHFIELD

Borrower State

MN

Borrower Zip

55057-1492

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1158800.00

Current Approval Amount

1158800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38759

Servicing Lender Name

Peoples State Bank of Plainview

Servicing Lender Address

100 4th Ave SE, Ste 6

Servicing Lender City

PLAINVIEW

Servicing Lender State

MN

Servicing Lender Zip

55964-2502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHFIELD

Project County Name

RICE

Project State

MN

Project Zip

55057-1492

CD

MN-02

Jobs Reported

91

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1096366.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

62434.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

38759

Originating Lender

Peoples State Bank of Plainview

Originating Lender City

PLAINVIEW

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1165340.08

Forgiveness Date

11/03/2020

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