PPP Loan information for A & c farm service, inc

$300,700

A & c farm service, inc was initially approved for PPP Loan of amount $300,700, the current approved amount is $300,700. The loan was approved on 04/07/2020 by The Magnifi Financial CU reported 25 jobs and $300,700 was used to fund payroll.

A & c farm service, inc is Existing or more than 2 years old

A & C FARM SERVICE, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

A & C FARM SERVICE, INC

Borrower Address

412 BUSINESS 23 South

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-4652

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300700.00

Current Approval Amount

300700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-4652

CD

MN-07

Jobs Reported

25

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

276400.00

Mortgage Interest Proceed

21300.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

304448.45

Forgiveness Date

07/13/2021

;