PPP Loan information for Meire grove cooperative

$31,700

Meire grove cooperative was initially approved for PPP Loan of amount $31,700, the current approved amount is $31,700. The loan was approved on 07/15/2020 by The Magnifi Financial CU reported 9 jobs and $31,700 was used to fund payroll.

Meire grove cooperative is Existing or more than 2 years old

PPP Loan Search / MN / Melrose / Meire grove cooperative

MEIRE GROVE COOPERATIVE

Date Approved

07/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MEIRE GROVE COOPERATIVE

Borrower Address

125 Highway 4 South

Borrower City

Melrose

Borrower State

MN

Borrower Zip

56352

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31700.00

Current Approval Amount

31700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Melrose

Project County Name

STEARNS

Project State

MN

Project Zip

56352-0001

CD

MN-07

Jobs Reported

9

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31700.00

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

Cooperative

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31965.76

Forgiveness Date

05/25/2021

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