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Federated Co-Ops INC

$2,298,300 PPP Loan in Princeton, Minnesota

Loan Details

Loan Number
1635087201
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,298,300
Current Approval
$2,298,300
Forgiveness Amount
$1,792,426
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Federated Co-Ops INC
Address
502 S 2nd Street
City
Princeton
State
Minnesota
ZIP Code
55371
Business Type
Cooperative
Industry (NAICS)
Retail Trade (454310)
Business Age
Existing or more than 2 years old
Jobs Reported
259
Estimated Revenue
$61.9M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$2,298,300

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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