# PPP loan: THE FIRST DISTRICT ASSOCIATION
> **$3.00M** approved 04/08/2020 · Paid in Full · Loan `8098697006`
## Borrower
- **Name:** THE FIRST DISTRICT ASSOCIATION
- **Address:** 101 South Swift Avenue, LITCHFIELD, MN, 55355-2800
- **NAICS:** 311511
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.00M
- **Initial approval:** $3.00M
- **Forgiven:** $3.04M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.00M
- **Jobs reported:** 166
## Lender
- **Originating:** Center National Bank
- **Servicing:** Center National Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*