# PPP loan: MAY-PORT FARMERS ELEVATOR
> **$251K** approved 04/04/2020 · Paid in Full · Loan `5063567009`
## Borrower
- **Name:** MAY-PORT FARMERS ELEVATOR
- **Address:** 945 3rd Street SE, MAYVILLE, ND, 58257-1630
- **NAICS:** 424510
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 20
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*