PPP Loan information for Arends farms, inc

$43,945

Arends farms, inc was initially approved for PPP Loan of amount $43,945, the current approved amount is $43,945. The loan was approved on 04/06/2020 by The First Farmers & Merchants National Bank reported 3 jobs and $43,945 was used to fund payroll.

Arends farms, inc is Existing or more than 2 years old

PPP Loan Search / MN / LUVERNE / Arends farms, inc

ARENDS FARMS, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ARENDS FARMS, INC

Borrower Address

1646 111TH ST

Borrower City

LUVERNE

Borrower State

MN

Borrower Zip

56156-4199

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43945.00

Current Approval Amount

43945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38337

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

303 E Main St

Servicing Lender City

LUVERNE

Servicing Lender State

MN

Servicing Lender Zip

56156-1901

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUVERNE

Project County Name

ROCK

Project State

MN

Project Zip

56156-4199

CD

MN-01

Jobs Reported

3

NAICS Code

111110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

43945.00

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

38337

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

LUVERNE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

44217.21

Forgiveness Date

11/27/2020

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