Farmer's Mill & Elevator INC

$421,700 PPP Loan in Castle Rock, Minnesota

Loan Details

Loan Number
8131117010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$421,700
Current Approval
$421,700
Forgiveness Amount
$424,066
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmer's Mill & Elevator INC
Address
Po Box 488
ZIP Code
55010
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (115116)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$337,400
Rent
$36,000
Utilities
$8,300
Health Care
$40,000

Lender Information

Servicing Lender
Castle Rock Bank
Originating Lender
Castle Rock Bank

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