Chippewa Valley Ethanol Company

$929,100 PPP Loan in Benson, Minnesota

Loan Details

Loan Number
7186767009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$929,100
Current Approval
$929,100
Forgiveness Amount
$934,649
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Chippewa Valley Ethanol Company
Address
270 20th St
City
Benson
ZIP Code
56215-1039
Business Type
Limited Liability Partnership
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111199)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$5.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$929,100

Lender Information

Servicing Lender
First Security Bank-Sleepy Eye
Originating Lender
First Security Bank-Sleepy Eye

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