Fremar Farmers Cooperative INC

$2,070,500 PPP Loan in Marion, South Dakota

Loan Details

Loan Number
5708437003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,070,500
Current Approval
$2,070,500
Forgiveness Amount
$491,166
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fremar Farmers Cooperative INC
Address
44608 273rd St Po Box 357
City
Marion
ZIP Code
57043-5465
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (493130)
Business Age
Existing or more than 2 years old
Jobs Reported
138
Estimated Revenue
$35.0M
Rural/Urban
Rural
Congressional District
SD-

Loan Use Breakdown

Payroll
$1,552,875
Rent
$258,813
Mortgage Interest
$258,812

Lender Information

Servicing Lender
First Dakota National Bank
Originating Lender
First Dakota National Bank

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