# PPP loan: PRINSBURG FARMERS CO-OP
> **$877K** approved 04/08/2020 · Paid in Full · Loan `8446597008`
## Borrower
- **Name:** PRINSBURG FARMERS CO-OP
- **Address:** PO BOX 56, PRINSBURG, MN, 56281-0056
- **NAICS:** 424510
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $877K
- **Initial approval:** $877K
- **Forgiven:** $883K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $877K
- **Jobs reported:** 69
## Lender
- **Originating:** PrinsBank
- **Servicing:** PrinsBank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*