PPP Loan information for Minnesota select sires co-op inc

$712,500

Minnesota select sires co-op inc was initially approved for PPP Loan of amount $712,500, the current approved amount is $712,500. The loan was approved on 04/09/2020 by The Deerwood Bank reported 52 jobs and $712,500 was used to fund payroll.

Minnesota select sires co-op inc is Existing or more than 2 years old

MINNESOTA SELECT SIRES CO-OP INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA SELECT SIRES CO-OP INC

Borrower Address

6601 Gregory Park Rd

Borrower City

SAINT CLOUD

Borrower State

MN

Borrower Zip

56301

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

712500.00

Current Approval Amount

712500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT CLOUD

Project County Name

STEARNS

Project State

MN

Project Zip

56301-0001

CD

MN-06

Jobs Reported

52

NAICS Code

115210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

643400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

69100.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

716497.92

Forgiveness Date

11/05/2020

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