PPP Loan information for Advanced ag resources inc

$313,143

Advanced ag resources inc was initially approved for PPP Loan of amount $313,143, the current approved amount is $313,143. The loan was approved on 01/21/2021 by The First Farmers Bank & Trust Co. reported 27 jobs and $313,143 was used to fund payroll.

Advanced ag resources inc is Existing or more than 2 years old

ADVANCED AG RESOURCES INC

Date Approved

01/21/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

ADVANCED AG RESOURCES INC

Borrower Address

4190 W 50 N

Borrower City

Wabash

Borrower State

IN

Borrower Zip

46992-7843

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

313143.17

Current Approval Amount

313143.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23025

Servicing Lender Name

First Farmers Bank & Trust Co.

Servicing Lender Address

123 N Jefferson St

Servicing Lender City

CONVERSE

Servicing Lender State

IN

Servicing Lender Zip

46919

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wabash

Project County Name

WABASH

Project State

IN

Project Zip

46992-7843

CD

IN-02

Jobs Reported

27

NAICS Code

111191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

313141.17

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23025

Originating Lender

First Farmers Bank & Trust Co.

Originating Lender City

CONVERSE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

315545.36

Forgiveness Date

11/03/2021

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