PPP Loan information for Minn-dak farmers cooperative

$8,599,400

Minn-dak farmers cooperative was initially approved for PPP Loan of amount $8,599,400, the current approved amount is $8,599,400. The loan was approved on 04/04/2020 by The Bell Bank reported 500 jobs and $8,599,400 was used to fund payroll.

Minn-dak farmers cooperative is Existing or more than 2 years old

MINN-DAK FARMERS COOPERATIVE

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MINN-DAK FARMERS COOPERATIVE

Borrower Address

7525 RED RIVER RD

Borrower City

WAHPETON

Borrower State

ND

Borrower Zip

58075-9698

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8599400.00

Current Approval Amount

8599400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAHPETON

Project County Name

RICHLAND

Project State

ND

Project Zip

58075-9698

CD

ND-

Jobs Reported

500

NAICS Code

311313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8599400.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8699965.21

Forgiveness Date

06/11/2021

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