# PPP loan: PRESTON DAIRY AND FARM ASSOCIATION
> **$201K** approved 01/30/2021 · Paid in Full · Loan `8880238309`
## Borrower
- **Name:** PRESTON DAIRY AND FARM ASSOCIATION
- **Address:** 27743 State Hwy 16, Preston, MN, 55965-1664
- **NAICS:** 115112
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $201K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** F & M Community Bank, National Association
- **Servicing:** F & M Community Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*