PPP Loan information for Binford economic development corporation

$12,525

Binford economic development corporation was initially approved for PPP Loan of amount $12,525, the current approved amount is $12,525. The loan was approved on 02/08/2021 by The Farmers & Merchants Bank of North Dakota reported 3 jobs and $12,525 was used to fund payroll.

Binford economic development corporation is Existing or more than 2 years old

PPP Loan Search / ND / Binford / Binford economic development corporation

BINFORD ECONOMIC DEVELOPMENT CORPORATION

Date Approved

02/08/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

BINFORD ECONOMIC DEVELOPMENT CORPORATION

Borrower Address

205 Whinery St

Borrower City

Binford

Borrower State

ND

Borrower Zip

58416-4006

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

12525.00

Current Approval Amount

12525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52955

Servicing Lender Name

Farmers & Merchants Bank of North Dakota

Servicing Lender Address

101 N Main St

Servicing Lender City

TOLNA

Servicing Lender State

ND

Servicing Lender Zip

58380

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Binford

Project County Name

GRIGGS

Project State

ND

Project Zip

58416-4006

CD

ND-

Jobs Reported

3

NAICS Code

926110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

12521.00

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

Non-Profit Organization

Originating Lender Location Id

52955

Originating Lender

Farmers & Merchants Bank of North Dakota

Originating Lender City

TOLNA

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

12571.97

Forgiveness Date

06/25/2021

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