Farmers Co-Op Gin & Elevator

$255,200 PPP Loan in Vernon, Texas

Loan Details

Loan Number
3724088307
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$255,200
Current Approval
$255,200
Forgiveness Amount
$256,920
Forgiveness Date
Sep 29, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Farmers Co-Op Gin & Elevator
Address
1000 US Highway 287 E
City
Vernon
State
Texas
ZIP Code
76384-3820
Business Type
Cooperative
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (115111)
Business Age
Existing or more than 2 years old
Jobs Reported
33
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
TX-13

Loan Use Breakdown

Payroll
$255,198
Utilities
$1

Lender Information

Servicing Lender
Pilgrim Bank
Originating Lender
Pilgrim Bank

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