PPP Loan information for Red river farmers cooperative

$113,300

Red river farmers cooperative was initially approved for PPP Loan of amount $113,300, the current approved amount is $113,300. The loan was approved on 04/09/2020 by The First United Bank and Trust Company reported 16 jobs and $113,300 was used to fund payroll.

Red river farmers cooperative is Existing or more than 2 years old

RED RIVER FARMERS COOPERATIVE

Date Approved

04/09/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

RED RIVER FARMERS COOPERATIVE

Borrower Address

2344 OLD HIGHWAY 70

Borrower City

HUGO

Borrower State

OK

Borrower Zip

74743-5504

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113300.00

Current Approval Amount

113300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HUGO

Project County Name

CHOCTAW

Project State

OK

Project Zip

74743-5504

CD

OK-02

Jobs Reported

16

NAICS Code

444220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12500.00

Payroll Proceed

96126.00

Mortgage Interest Proceed

4674.00

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

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113930.13

Forgiveness Date

11/12/2020

;