PPP Loan information for Valley community food co-op

$686,600

Valley community food co-op was initially approved for PPP Loan of amount $686,600, the current approved amount is $686,600. The loan was approved on 04/10/2020 by The Old National Bank reported 89 jobs and $686,600 was used to fund payroll.

Valley community food co-op is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Valley community food co-op

VALLEY COMMUNITY FOOD CO-OP

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

VALLEY COMMUNITY FOOD CO-OP

Borrower Address

13750 County Road 11

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-4764

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686600.00

Current Approval Amount

686600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-4764

CD

MN-02

Jobs Reported

89

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

686600.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

681085.95

Forgiveness Date

12/16/2020

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