Rugby Farmers Elevator

$333,050 PPP Loan in Rugby, North Dakota

Loan Details

Loan Number
6803397007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$333,050
Current Approval
$333,050
Forgiveness Amount
$334,956
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rugby Farmers Elevator
Address
201 Dewey St. SE
City
Rugby
ZIP Code
58368-0286
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (424510)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
ND-

Loan Use Breakdown

Payroll
$266,440
Utilities
$66,610

Lender Information

Servicing Lender
Merchants Bank
Originating Lender
Merchants Bank

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