Ag Partners Cooperative
$5,663,100 PPP Loan in Cannon Falls, Minnesota
Loan Details
- Loan Number
- 2184637107
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,663,100
- Current Approval
- $5,663,100
- Forgiveness Amount
- $5,738,451
- Forgiveness Date
- Aug 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ag Partners Cooperative
- Address
- 721 Saint Clair St W
- City
- Cannon Falls
- State
- Minnesota
- ZIP Code
- 55009-1255
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424510)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 384
- Estimated Revenue
- $98.8M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $4,966,176
- Rent
- $584,000
- Utilities
- $105,000
- Mortgage Interest
- $7,924
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
Other PPP Loans in Cannon Falls, MN
| Business | Approved | |
|---|---|---|
| Avalon Express, Inc. | $955,200 | |
| Cannon Falls Nursing Rehabilitation LLC | $686,363 | |
| Sustane Natural Fertilizer, INC | $360,179 | |
| Molitor Brothers Farm | $342,371 | |
| Molitor Brothers Farm | $302,000 |
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