PPP Loan information for Advanced ag resources, inc.

$251,845

Advanced ag resources, inc. was initially approved for PPP Loan of amount $251,845, the current approved amount is $251,845. The loan was approved on 04/13/2020 by The First Farmers Bank & Trust Co. reported 31 jobs and $251,845 was used to fund payroll.

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

ADVANCED AG RESOURCES, INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

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

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251845.00

Current Approval Amount

251845.00

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

31

NAICS Code

111998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

251845.00

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

254370.35

Forgiveness Date

04/15/2021

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