Paynesville Farmers Union Coop Oil Co.

$264,881 PPP Loan in Paynesville, Minnesota

Loan Details

Loan Number
3136089002
Date Approved
May 18, 2021
Loan Status
Paid in Full
Initial Approval
$264,881
Current Approval
$264,881
Forgiveness Amount
$265,875
Forgiveness Date
Oct 5, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Paynesville Farmers Union Coop Oil Co.
Address
419 Business 23 E
ZIP Code
56362-4111
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.7M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$264,879
Utilities
$1

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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