PPP Loan information for Banks farms inc

$26,700

Banks farms inc was initially approved for PPP Loan of amount $26,700, the current approved amount is $26,700. The loan was approved on 04/27/2020 by The Eastern Michigan Bank reported 3 jobs and $26,700 was used to fund payroll.

Banks farms inc is Existing or more than 2 years old

BANKS FARMS INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BANKS FARMS INC

Borrower Address

2664 PECK RD

Borrower City

BROWN CITY

Borrower State

MI

Borrower Zip

48416-8982

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26700.00

Current Approval Amount

26700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROWN CITY

Project County Name

SANILAC

Project State

MI

Project Zip

48416-8982

CD

MI-09

Jobs Reported

3

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26700.00

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

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

27075.99

Forgiveness Date

09/27/2021

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