# PPP loan: BELGRADE COOPERATIVE ASSOCIATION
> **$536K** approved 04/09/2020 · Paid in Full · Loan `9315167002`
## Borrower
- **Name:** BELGRADE COOPERATIVE ASSOCIATION
- **Address:** 604 PARKWAY DR, BELGRADE, MN, 56312-4616
- **NAICS:** 424910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $515K (96%)
- **Forgiveness date:** 10/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Utilities:** $6K
- **Jobs reported:** 39
## Lender
- **Originating:** Magnifi Financial CU
- **Servicing:** Magnifi Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*