PPP Loan information for Valley united coop

$1,086,500

Valley united coop was initially approved for PPP Loan of amount $1,086,500, the current approved amount is $1,086,500. The loan was approved on 04/04/2020 by The Red River State Bank reported 123 jobs and $1,086,500 was used to fund payroll.

Valley united coop is New Business or 2 years or less

PPP Loan Search / ND / REYNOLDS / Valley united coop

VALLEY UNITED COOP

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

VALLEY UNITED COOP

Borrower Address

322 4th Ave

Borrower City

REYNOLDS

Borrower State

ND

Borrower Zip

58275-0037

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1086500.00

Current Approval Amount

1086500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38202

Servicing Lender Name

Red River State Bank

Servicing Lender Address

300 2nd Ave, West

Servicing Lender City

HALSTAD

Servicing Lender State

MN

Servicing Lender Zip

56548-4016

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

REYNOLDS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58275-0037

CD

ND-

Jobs Reported

123

NAICS Code

424510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1086500.00

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

38202

Originating Lender

Red River State Bank

Originating Lender City

HALSTAD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1093078.53

Forgiveness Date

11/23/2020

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