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Bagley Co-Op Association

$191,998 PPP Loan in Bagley, Minnesota

Loan Details

Loan Number
4315277106
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$191,998
Current Approval
$191,998
Forgiveness Amount
$193,608
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bagley Co-Op Association
Address
1309 Central St. W
City
Bagley
State
Minnesota
ZIP Code
56621
Business Type
Cooperative
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$15.1M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$153,598
Utilities
$16,992
Mortgage Interest
$19,356
Debt Interest
$2,052

Lender Information

Servicing Lender
The First National Bank of Bagley
Originating Lender
The First National Bank of Bagley

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