Folson Farms Corporation
$335,269 PPP Loan in East Grand Forks, Minnesota
Loan Details
- Loan Number
- 9978438705
- Date Approved
- Apr 9, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $335,269
- Current Approval
- $335,269
- Forgiveness Amount
- $337,281
- Forgiveness Date
- Nov 16, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Folson Farms Corporation
- Address
- 306 7th Ave NE
- City
- East Grand Forks
- State
- Minnesota
- ZIP Code
- 56721-3105
- Business Type
- Corporation
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (111211)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 33
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $335,264
- Utilities
- $1
Lender Information
- Servicing Lender
- First State Bank
- Originating Lender
- First State Bank
Other PPP Loans in East Grand Forks, MN
| Business | Approved | |
|---|---|---|
| R.j. Zavoral & Sons, Inc. | $2,290,700 | |
| R.j. Zavoral & Sons Inc. | $2,000,000 | |
| Northdale Oil Inc. | $1,998,200 | |
| Northdale Oil Inc. | $1,544,577 | |
| Northern Valley Machine Inc. | $1,043,400 |
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