Farmers, Union Industries, LLC

$7,058,600 PPP Loan in Redwood Falls, Minnesota

Loan Details

Loan Number
3912277110
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$7,058,600
Current Approval
$7,058,600
Forgiveness Amount
$7,140,016
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers, Union Industries, LLC
Address
220 Ponderosa Rd
ZIP Code
56283-2623
Business Type
Partnership
Industry (NAICS)
Manufacturing (311613)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$176.5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$7,058,600

Lender Information

Servicing Lender
Minnwest Bank
Originating Lender
Minnwest Bank

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