Paynesville Farmers Union Coop Oil Co.
$363,300 PPP Loan in Paynesville, Minnesota
Loan Details
- Loan Number
- 8274727002
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $363,300
- Current Approval
- $363,300
- Forgiveness Amount
- $369,282
- Forgiveness Date
- Dec 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Paynesville Farmers Union Coop Oil Co.
- Address
- 419 Business 23
- City
- Paynesville
- State
- Minnesota
- ZIP Code
- 56362-4111
- Business Type
- Cooperative
- Industry (NAICS)
- Wholesale Trade (424910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $6.7M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $320,000
- Utilities
- $6,000
- Mortgage Interest
- $37,300
Lender Information
- Servicing Lender
- Magnifi Financial Cu
- Originating Lender
- Magnifi Financial Cu
Other PPP Loans in Paynesville, MN
| Business | Approved | |
|---|---|---|
| Highline Construction Inc. | $1,079,698 |  AI Deep Dive |
| Avon Plastics Inc. | $971,922 | AI Deep Dive |
| Avon Plastics, INC | $971,900 | AI Deep Dive |
| Voss Plumbing & Heating of Paynesville INC | $850,000 | AI Deep Dive |
| Louis Industries INC | $738,047 | AI Deep Dive |
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