United Quality Cooperative

$2,000,000 PPP Loan in New Town, North Dakota

Loan Details

Loan Number
1563198402
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,010,667
Forgiveness Date
Aug 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
United Quality Cooperative
Address
99 Coop St
ZIP Code
58763
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
159
Estimated Revenue
$40.9M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$1,999,998
Utilities
$1

Lender Information

Servicing Lender
Cornerstone Bank
Originating Lender
Cornerstone Bank

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