Balsam Cooperative
$91,618 PPP Loan in Fairmont, Minnesota
Loan Details
- Loan Number
- 7367407005
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $91,618
- Current Approval
- $91,618
- Forgiveness Amount
- $92,569
- Forgiveness Date
- May 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Balsam Cooperative
- Address
- 1275 Hwy 15 South
- City
- Fairmont
- State
- Minnesota
- ZIP Code
- 56031
- Business Type
- Cooperative
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (112120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 9
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $73,295
- Utilities
- $9,163
- Mortgage Interest
- $9,160
Lender Information
- Servicing Lender
- Compeer Financial, Aca
- Originating Lender
- Compeer Financial, Aca
Other PPP Loans in Fairmont, MN
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| Fairmont Foods, Inc. | $2,684,100 |  AI Deep Dive |
| Devenish Nutrition, LLC | $1,852,600 | AI Deep Dive |
| Kahler Automation Corporation | $1,095,400 | AI Deep Dive |
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| Clerc Enterprises of South Central Mn LLC | $902,700 | AI Deep Dive |
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