Nelson Farming Association

$147,500 PPP Loan in Detroit Lakes, Minnesota

Loan Details

Loan Number
1120508302
Date Approved
Jan 16, 2021
Loan Status
Paid in Full
Initial Approval
$147,500
Current Approval
$147,500
Forgiveness Amount
$148,219
Forgiveness Date
Jul 19, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Nelson Farming Association
Address
11521 Fern Beach Dr
ZIP Code
56501-7202
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111211)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$5.2M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$147,498
Utilities
$1

Lender Information

Servicing Lender
Dakota Heritage Bank
Originating Lender
Dakota Heritage Bank

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