PPP Loan information for Brake farms

$20,832

Brake farms was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 02/05/2021 by The Dacotah Bank reported 2 jobs and $20,832 was used to fund payroll.

Brake farms is Existing or more than 2 years old

BRAKE FARMS

Date Approved

02/05/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BRAKE FARMS

Borrower Address

1982 Bay St

Borrower City

Worthington

Borrower State

MN

Borrower Zip

56187-1401

Loan Status Date

06/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Worthington

Project County Name

NOBLES

Project State

MN

Project Zip

56187-1401

CD

MN-01

Jobs Reported

2

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20829.00

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

Partnership

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20946.00

Forgiveness Date

08/30/2021

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