Farmers Cooperative Elevator

$687,300 PPP Loan in Hanley Falls, Minnesota

Loan Details

Loan Number
6960397000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$687,300
Current Approval
$687,300
Forgiveness Amount
$690,991
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers Cooperative Elevator
Address
1972 510th St
ZIP Code
56245-3082
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424510)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.6M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$687,300

Lender Information

Servicing Lender
Citizens Alliance Bank
Originating Lender
Citizens Alliance Bank

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