PPP Loan information for Blackford farms, inc.

$55,000

Blackford farms, inc. was initially approved for PPP Loan of amount $54,900, the current approved amount is $55,000. The loan was approved on 04/13/2020 by The Farmers State Bank reported 9 jobs and $55,000 was used to fund payroll.

Blackford farms, inc. is Existing or more than 2 years old

BLACKFORD FARMS, INC.

Date Approved

04/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

BLACKFORD FARMS, INC.

Borrower Address

2657 COUNTY HOME RD

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-9728

Loan Status Date

11/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54900.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-9728

CD

IA-02

Jobs Reported

9

NAICS Code

112111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

11000.00

Payroll Proceed

44000.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

55261.25

Forgiveness Date

10/13/2020

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