Preston Dairy and Farm Association

$201,400 PPP Loan in Preston, Minnesota

Loan Details

Loan Number
8880238309
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$201,400
Current Approval
$201,400
Forgiveness Amount
$202,724
Forgiveness Date
Oct 12, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Preston Dairy and Farm Association
Address
27743 State Hwy 16
ZIP Code
55965-1664
Business Type
Cooperative
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (115112)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$201,397
Utilities
$1

Lender Information

Servicing Lender
F & M Community Bank, National Association
Originating Lender
F & M Community Bank, National Association

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