South Central Coop
$2,390,500 PPP Loan in Sleepy Eye, Minnesota
Loan Details
- Loan Number
- 5605777106
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,390,500
- Current Approval
- $2,171,423
- Forgiveness Amount
- $2,196,052
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- South Central Coop
- Address
- 27875 County Road 27
- City
- Sleepy Eye
- State
- Minnesota
- ZIP Code
- 56085
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (115112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 156
- Estimated Revenue
- $7.8M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $1,592,800
- Utilities
- $239,050
- Mortgage Interest
- $339,573
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
Other PPP Loans in Sleepy Eye, MN
| Business | Approved | |
|---|---|---|
| Schwartz Farms, INC | $5,422,700 |  AI Deep Dive |
| The Mathiowetz Construction Co. | $2,053,000 | AI Deep Dive |
| City of Sleepy Eye | $1,431,500 | AI Deep Dive |
| Miller Sellner Implement, Inc. | $1,250,000 | AI Deep Dive |
| Chuck Spaeth Ford | $849,300 | AI Deep Dive |
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