Associated Milk Producers INC

$10,000,000 PPP Loan in New Ulm, Minnesota

Loan Details

Loan Number
1956657109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,121,956
Forgiveness Date
Jul 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Associated Milk Producers INC
Address
315 North Broadway 0.0
ZIP Code
56073-1719
Business Type
Cooperative
Industry (NAICS)
Manufacturing (311513)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$176.5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$10,000,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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