PPP Loan information for Borchers farms inc

$11,458

Borchers farms inc was initially approved for PPP Loan of amount $11,458, the current approved amount is $11,458. The loan was approved on 02/04/2021 by The Rivers Edge Bank reported 4 jobs and $11,458 was used to fund payroll.

Borchers farms inc is Existing or more than 2 years old

PPP Loan Search / IA / Hawarden / Borchers farms inc

BORCHERS FARMS INC

Date Approved

02/04/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

BORCHERS FARMS INC

Borrower Address

4349 Cherry Ave

Borrower City

Hawarden

Borrower State

IA

Borrower Zip

51023-7598

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11458.00

Current Approval Amount

11458.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66546

Servicing Lender Name

Rivers Edge Bank

Servicing Lender Address

211 N Broadway

Servicing Lender City

MARION

Servicing Lender State

SD

Servicing Lender Zip

57349-0129

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hawarden

Project County Name

SIOUX

Project State

IA

Project Zip

51023-7598

CD

IA-04

Jobs Reported

4

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

11455.00

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

66546

Originating Lender

Rivers Edge Bank

Originating Lender City

MARION

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

11497.55

Forgiveness Date

06/15/2021

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