PPP Loan information for Rugby farmers elevator

$256,240

Rugby farmers elevator was initially approved for PPP Loan of amount $256,240, the current approved amount is $256,240. The loan was approved on 02/03/2021 by The Merchants Bank reported 19 jobs and $256,240 was used to fund payroll.

Rugby farmers elevator is Existing or more than 2 years old

RUGBY FARMERS ELEVATOR

Date Approved

02/03/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

RUGBY FARMERS ELEVATOR

Borrower Address

201 W Dewey St

Borrower City

Rugby

Borrower State

ND

Borrower Zip

58368-1726

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256240.00

Current Approval Amount

256240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52945

Servicing Lender Name

Merchants Bank

Servicing Lender Address

210 S Main Ave

Servicing Lender City

RUGBY

Servicing Lender State

ND

Servicing Lender Zip

58368-1721

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rugby

Project County Name

PIERCE

Project State

ND

Project Zip

58368-1726

CD

ND-

Jobs Reported

19

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

256240.00

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

52945

Originating Lender

Merchants Bank

Originating Lender City

RUGBY

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

257329.02

Forgiveness Date

07/08/2021

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