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Agralite Electric Cooperative

$714,660 PPP Loan in Benson, Minnesota

Loan Details

Loan Number
6313987200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$714,660
Current Approval
$714,660
Forgiveness Amount
$721,650
Forgiveness Date
Apr 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Agralite Electric Cooperative
Address
320 E Hwy 12
City
Benson
State
Minnesota
ZIP Code
56215-1398
Business Type
Cooperative
Industry (NAICS)
Utilities (221122)
Business Age
Unanswered
Jobs Reported
28
Estimated Revenue
N/A
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$714,660

Lender Information

Servicing Lender
Co-Op Cu of Montevideo
Originating Lender
Co-Op Cu of Montevideo

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