PPP Loan information for Starburst farms cooperative

$99,400

Starburst farms cooperative was initially approved for PPP Loan of amount $99,400, the current approved amount is $99,400. The loan was approved on 04/09/2020 by The Bank Midwest reported 17 jobs and $99,400 was used to fund payroll.

Starburst farms cooperative is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / Starburst farms cooperative

STARBURST FARMS COOPERATIVE

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STARBURST FARMS COOPERATIVE

Borrower Address

1275 HIGHWAY 15 South

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-4461

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99400.00

Current Approval Amount

99400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-4461

CD

MN-01

Jobs Reported

17

NAICS Code

112210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

99400.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

100341.54

Forgiveness Date

03/25/2021

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