Farmers Co-Operative Oil Company of Echo

$681,100 PPP Loan in Echo, Minnesota

Loan Details

Loan Number
5956137006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$681,100
Current Approval
$681,100
Forgiveness Amount
$684,851
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers Co-Operative Oil Company of Echo
Address
461 2nd Ave
City
Echo
ZIP Code
56237-1617
Business Type
Cooperative
Industry (NAICS)
Retail Trade (452319)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$19.1M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$681,100

Lender Information

Servicing Lender
Citizens Alliance Bank
Originating Lender
Citizens Alliance Bank

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