FARMERS COOPERATIVE ELEVATOR CO (ND) - 2020 PPP Loan Borrower Profile (# 5928617305)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FARMERS COOPERATIVE ELEVATOR CO. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Dakota.

Loan Detail

Loan Number

5928617305

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$150,872

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$152,275.95

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

150,872

Lender

BMO Bank National Association

Business Detail

Business Type

Corporation

NAICS

424510

Borrower Location

Lidgerwood, ND

Project Location

Lidgerwood, ND

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.