PPP Loan information for Cloverdale foods company

$3,656,700

Cloverdale foods company was initially approved for PPP Loan of amount $3,656,700, the current approved amount is $3,656,700. The loan was approved on 04/06/2020 by The First International Bank & Trust reported 397 jobs and $3,656,700 was used to fund payroll.

Cloverdale foods company is Existing or more than 2 years old

CLOVERDALE FOODS COMPANY

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

CLOVERDALE FOODS COMPANY

Borrower Address

3015 34TH ST

Borrower City

MANDAN

Borrower State

ND

Borrower Zip

58554-1312

Loan Status Date

10/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3656700.00

Current Approval Amount

3656700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52970

Servicing Lender Name

First International Bank & Trust

Servicing Lender Address

100 N Main St

Servicing Lender City

WATFORD CITY

Servicing Lender State

ND

Servicing Lender Zip

58854

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANDAN

Project County Name

MORTON

Project State

ND

Project Zip

58554-1312

CD

ND-

Jobs Reported

397

NAICS Code

311612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

194000.00

Payroll Proceed

3232700.00

Mortgage Interest Proceed

156500.00

Rent Proceed

73500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52970

Originating Lender

First International Bank & Trust

Originating Lender City

WATFORD CITY

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3699666.22

Forgiveness Date

06/11/2021

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