PPP Loan information for Black acres inc

$10,000

Black acres inc was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 03/17/2021 by The Glenwood State Bank Incorporated reported 1 jobs and $10,000 was used to fund payroll.

Black acres inc is Existing or more than 2 years old

BLACK ACRES INC

Date Approved

03/17/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BLACK ACRES INC

Borrower Address

43942 230th St

Borrower City

Morris

Borrower State

MN

Borrower Zip

56267-5403

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morris

Project County Name

STEVENS

Project State

MN

Project Zip

56267-5403

CD

MN-07

Jobs Reported

1

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

10000.00

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

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

10025.48

Forgiveness Date

06/28/2021

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