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
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

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