Cold Spring Co-Op

$250,400 PPP Loan in Cold Spring, Minnesota

Loan Details

Loan Number
7845337003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$250,400
Current Approval
$250,400
Forgiveness Amount
$251,765
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cold Spring Co-Op
Address
300 Main St
ZIP Code
56320-2535
Business Type
Cooperative
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$165,400
Rent
$45,000
Utilities
$20,000
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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