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Community Co-Op Association

$432,150 PPP Loan in Faribault, Minnesota

Loan Details

Loan Number
1160408606
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$432,150
Current Approval
$432,150
Forgiveness Amount
$434,743
Forgiveness Date
Oct 19, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Community Co-Op Association
Address
9 Central Ave N
City
Faribault
State
Minnesota
ZIP Code
55021-5208
Business Type
Cooperative
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$16.4M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$432,148
Utilities
$1

Lender Information

Servicing Lender
The State Bank of Faribault
Originating Lender
The State Bank of Faribault

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