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Newfolden Co-Op Oil Co.

$17,152 PPP Loan in Newfolden, Minnesota

Loan Details

Loan Number
7999017200
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$17,152
Current Approval
$17,152
Forgiveness Amount
$17,300
Forgiveness Date
Mar 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Newfolden Co-Op Oil Co.
Address
142 1st St. E
City
Newfolden
State
Minnesota
ZIP Code
56738-3716
Business Type
Cooperative
Industry (NAICS)
Finance and Insurance (522320)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$12,864
Utilities
$4,288

Lender Information

Servicing Lender
Marshall County State Bank
Originating Lender
Marshall County State Bank

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