PPP Loan information for Pierz cooperative association

$260,477

Pierz cooperative association was initially approved for PPP Loan of amount $260,477, the current approved amount is $260,477. The loan was approved on 06/09/2020 by The Farmers and Merchants State Bank of Pierz reported 15 jobs and $260,477 was used to fund payroll.

Pierz cooperative association is Existing or more than 2 years old

PIERZ COOPERATIVE ASSOCIATION

Date Approved

06/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PIERZ COOPERATIVE ASSOCIATION

Borrower Address

315 EDWARD ST S PO Box 307

Borrower City

PIERZ

Borrower State

MN

Borrower Zip

56364-1514

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

260477.00

Current Approval Amount

260477.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38741

Servicing Lender Name

Farmers and Merchants State Bank of Pierz

Servicing Lender Address

80 Main St

Servicing Lender City

PIERZ

Servicing Lender State

MN

Servicing Lender Zip

56364-4529

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PIERZ

Project County Name

MORRISON

Project State

MN

Project Zip

56364-1514

CD

MN-07

Jobs Reported

15

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260477.00

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

38741

Originating Lender

Farmers and Merchants State Bank of Pierz

Originating Lender City

PIERZ

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

262170.10

Forgiveness Date

02/02/2021

;