Minnesota Ag Power INC
$5,002,500 PPP Loan in Glencoe, Minnesota
Loan Details
- Loan Number
- 3465307103
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,002,500
- Current Approval
- $5,002,500
- Forgiveness Amount
- $5,063,215
- Forgiveness Date
- Jul 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Minnesota Ag Power INC
- Address
- 4561 Highway 212
- City
- Glencoe
- State
- Minnesota
- ZIP Code
- 55336-5344
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423820)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 365
- Estimated Revenue
- $111.8M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $5,002,500
Lender Information
- Servicing Lender
- Eagle Bank
- Originating Lender
- Eagle Bank
Other PPP Loans in Glencoe, MN
| Business | Approved | |
|---|---|---|
| Twin Cities & Western Railroad Company | $1,597,500 |  Research |
| Concrete Mobility, LLC | $1,402,817 | Research |
| Minway Inc. | $573,493 | Research |
| Mcleod Cooperative Power Association | $524,751 | Research |
| Subway | $409,600 | Research |
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