PPP Loan information for Candak farms inc.

$16,499

Candak farms inc. was initially approved for PPP Loan of amount $16,499, the current approved amount is $16,499. The loan was approved on 02/18/2021 by The Merchants State Bank reported 2 jobs and $16,499 was used to fund payroll.

Candak farms inc. is Existing or more than 2 years old

PPP Loan Search / SD / Bridgewater / Candak farms inc.

CANDAK FARMS INC.

Date Approved

02/18/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

CANDAK FARMS INC.

Borrower Address

43782 272nd St

Borrower City

Bridgewater

Borrower State

SD

Borrower Zip

57319-5516

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16499.00

Current Approval Amount

16499.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bridgewater

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57319-5516

CD

SD-

Jobs Reported

2

NAICS Code

112210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16499.00

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

Corporation

Originating Lender Location Id

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16569.58

Forgiveness Date

07/26/2021

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