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
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

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