PPP Loan information for Northern resources cooperative

$438,733

Northern resources cooperative was initially approved for PPP Loan of amount $438,733, the current approved amount is $438,733. The loan was approved on 01/30/2021 by The Border Bank reported 31 jobs and $438,733 was used to fund payroll.

Northern resources cooperative is Existing or more than 2 years old

PPP Loan Search / MN / Roseau / Northern resources cooperative

NORTHERN RESOURCES COOPERATIVE

Date Approved

01/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NORTHERN RESOURCES COOPERATIVE

Borrower Address

1504 Center St W

Borrower City

Roseau

Borrower State

MN

Borrower Zip

56751-1915

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

438732.50

Current Approval Amount

438732.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52775

Servicing Lender Name

Border Bank

Servicing Lender Address

4530 17th Ave SW

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-8991

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roseau

Project County Name

ROSEAU

Project State

MN

Project Zip

56751-1915

CD

MN-07

Jobs Reported

31

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

438732.50

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

52775

Originating Lender

Border Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

440962.72

Forgiveness Date

08/06/2021

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