PPP Loan information for Osakis creamery association

$222,126

Osakis creamery association was initially approved for PPP Loan of amount $222,126, the current approved amount is $222,126. The loan was approved on 04/14/2020 by The The First National Bank of Osakis reported 18 jobs and $222,126 was used to fund payroll.

Osakis creamery association is Existing or more than 2 years old

OSAKIS CREAMERY ASSOCIATION

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OSAKIS CREAMERY ASSOCIATION

Borrower Address

4001 State Highway 27

Borrower City

Osakis

Borrower State

MN

Borrower Zip

56360

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

222126.00

Current Approval Amount

222126.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38727

Servicing Lender Name

The First National Bank of Osakis

Servicing Lender Address

211-213 Central Ave

Servicing Lender City

OSAKIS

Servicing Lender State

MN

Servicing Lender Zip

56360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Osakis

Project County Name

DOUGLAS

Project State

MN

Project Zip

56360-0001

CD

MN-07

Jobs Reported

18

NAICS Code

115116

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

187740.00

Mortgage Interest Proceed

34386.00

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

38727

Originating Lender

The First National Bank of Osakis

Originating Lender City

OSAKIS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

224489.17

Forgiveness Date

05/13/2021

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