# PPP loan: THE FARMERS ELEVATOR COMPANY OF HONEYFORD NORTH DAKOTA
> **$431K** approved 02/02/2021 · Paid in Full · Loan `1450698403`
## Borrower
- **Name:** THE FARMERS ELEVATOR COMPANY OF HONEYFORD NORTH DAKOTA
- **Address:** 2472 30th St NE, Honeyford, ND, 58235-9711
- **NAICS:** 424510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $431K
- **Initial approval:** $431K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $431K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*