Newfolden Co-Op Elevator Association

$193,426 PPP Loan in Newfolden, Minnesota

Loan Details

Loan Number
1077068708
Date Approved
Mar 26, 2021
Loan Status
Paid in Full
Initial Approval
$193,426
Current Approval
$193,426
Forgiveness Amount
$194,506
Forgiveness Date
Oct 20, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Newfolden Co-Op Elevator Association
Address
243 Railroad St.
ZIP Code
56738
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$193,424
Utilities
$1

Lender Information

Servicing Lender
Cobank Acb
Originating Lender
Cobank Acb

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