PPP Loan information for Meadowland farmers coop

$1,999,900

Meadowland farmers coop was initially approved for PPP Loan of amount $1,999,900, the current approved amount is $1,999,900. The loan was approved on 04/08/2020 by The Bank Midwest reported 185 jobs and $1,999,900 was used to fund payroll.

Meadowland farmers coop is Existing or more than 2 years old

PPP Loan Search / MN / LAMBERTON / Meadowland farmers coop

MEADOWLAND FARMERS COOP

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MEADOWLAND FARMERS COOP

Borrower Address

101 1ST AVE E

Borrower City

LAMBERTON

Borrower State

MN

Borrower Zip

56152-1169

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1999900.00

Current Approval Amount

1999900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAMBERTON

Project County Name

REDWOOD

Project State

MN

Project Zip

56152-1169

CD

MN-07

Jobs Reported

185

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1999900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2019232.37

Forgiveness Date

03/31/2021

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