Elba Cooperative Creamery

$70,500 PPP Loan in Altura, Minnesota

Loan Details

Loan Number
9465527205
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$70,500
Current Approval
$70,500
Forgiveness Amount
$70,855
Forgiveness Date
Nov 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Elba Cooperative Creamery
Address
1230 S Main St
City
Altura
ZIP Code
55910-8517
Business Type
Cooperative
Industry (NAICS)
Manufacturing (311511)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$56,420
Utilities
$13,098
Mortgage Interest
$982

Lender Information

Servicing Lender
Peoples State Bank of Plainview
Originating Lender
Peoples State Bank of Plainview

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