Nerstrand Agri Center
$282,887 PPP Loan in Nerstrand, Minnesota
Loan Details
- Loan Number
- 9381807002
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $282,887
- Current Approval
- $282,887
- Forgiveness Amount
- $284,540
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Nerstrand Agri Center
- Address
- Po Box 38
- City
- Nerstrand
- State
- Minnesota
- ZIP Code
- 55053-0038
- Business Type
- 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
- $214,995
- Utilities
- $67,892
Lender Information
- Servicing Lender
- First Farmers & Merchants Bank
- Originating Lender
- First Farmers & Merchants Bank
Other PPP Loans in Nerstrand, MN
| Business | Approved | |
|---|---|---|
| River City Builders & Millworks, Inc. | $296,500 | |
| River City Builders & Millworks Inc. | $277,215 | |
| Nerstrand Elementary School | $227,356 | |
| Kielmeyer Construction, INC | $163,600 | |
| Midwest Rockies Telecom LLC | $151,000 |
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