Lake Region Cooperative Oil Association of Maple Lake

$356,722 PPP Loan in Maple Lake, Minnesota

Loan Details

Loan Number
7972508702
Date Approved
Apr 7, 2021
Loan Status
Paid in Full
Initial Approval
$356,722
Current Approval
$356,722
Forgiveness Amount
$360,160
Forgiveness Date
Mar 22, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Lake Region Cooperative Oil Association of Maple Lake
Address
4825 State Highway 55 NW
ZIP Code
55358-4630
Business Type
Cooperative
Industry (NAICS)
Retail Trade (447110)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$25.4M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$356,716
Utilities
$1

Lender Information

Servicing Lender
Star Bank
Originating Lender
Star Bank

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