PPP Loan information for Ag specs inc.

$43,500

Ag specs inc. was initially approved for PPP Loan of amount $43,500, the current approved amount is $43,500. The loan was approved on 04/28/2020 by The Merchants State Bank reported 13 jobs and $43,500 was used to fund payroll.

Ag specs inc. is Existing or more than 2 years old

AG SPECS INC.

Date Approved

04/28/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

AG SPECS INC.

Borrower Address

28652 457TH AVE

Borrower City

HURLEY

Borrower State

SD

Borrower Zip

57036-6407

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43500.00

Current Approval Amount

43500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HURLEY

Project County Name

TURNER

Project State

SD

Project Zip

57036-6407

CD

SD-

Jobs Reported

13

NAICS Code

112210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

43500.00

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

Corporation

Originating Lender Location Id

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43787.58

Forgiveness Date

12/28/2020

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