Farmers Elevator Company Forestburg

$59,800 PPP Loan in Artesian, South Dakota

Loan Details

Loan Number
5784087007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$59,800
Current Approval
$59,800
Forgiveness Amount
$60,255
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers Elevator Company Forestburg
Address
23334 Sd Highway 37
ZIP Code
57314-6320
Business Type
Cooperative
Industry (NAICS)
Transportation and Warehousing (493130)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
SD-

Loan Use Breakdown

Payroll
$47,840
Utilities
$5,980
Health Care
$5,980

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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