COVID Stimulus Watch Individual Entry
Recipient Company:
GRANITE FALLS ENERGY, LLC
Loan or Loan Guarantee Amount:
$703,900
Recipient Details
Ownership Structure: publicly traded
Facility Street Address: 15045 Hwy 23 SE
Facility City: GRANITE FALLS
Facility State: MN
Facility Zip Code: 56241
Facility Congressional District: MN-07
Facility NAICS Code: 325193 : Ethyl Alcohol Manufacturing
Award Details
Award Date: Apr 8, 2020
Award Type: loan
Jobs Reported at Time of Application: 43
PPP Lender: Granite Falls Bank
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://www.sec.gov/Archives/edgar/data/1181749/000118174920000020/gfe-2...
Parent Company Data
Parent Company: Granite Falls Energy, LLC
Headquartered in: Minnesota
Parent Sector: miscellaneous energy products and systems
Parent Industry: ethanol
Employees (prior to pandemic): 40
Accountability Issues Since 2010
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CEO Compensation: $163,001
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