Farmers Co-Op Oil Co. of Clara City

$345,300 PPP Loan in Clara City, Minnesota

Loan Details

Loan Number
8173447002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$345,300
Current Approval
$345,300
Forgiveness Amount
$347,183
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers Co-Op Oil Co. of Clara City
Address
200 W Highway 7
ZIP Code
56222-1181
Business Type
Cooperative
Industry (NAICS)
Retail Trade (452319)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.2M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$345,300

Lender Information

Servicing Lender
Citizens Alliance Bank
Originating Lender
Citizens Alliance Bank

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