PPP Loan information for David burd state farm agency

$51,500

David burd state farm agency was initially approved for PPP Loan of amount $30,700, the current approved amount is $51,500. The loan was approved on 04/06/2020 by The Lake Central Bank reported 7 jobs and $51,500 was used to fund payroll.

David burd state farm agency is Existing or more than 2 years old

DAVID BURD STATE FARM AGENCY

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

DAVID BURD STATE FARM AGENCY

Borrower Address

10 Oak Ave S PO BOX 306

Borrower City

ANNANDALE

Borrower State

MN

Borrower Zip

55302-0306

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30700.00

Current Approval Amount

51500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36601

Servicing Lender Name

Lake Central Bank

Servicing Lender Address

40 Chestnut St W

Servicing Lender City

ANNANDALE

Servicing Lender State

MN

Servicing Lender Zip

55302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNANDALE

Project County Name

WRIGHT

Project State

MN

Project Zip

55302-0306

CD

MN-06

Jobs Reported

7

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

500.00

Payroll Proceed

49500.00

Mortgage Interest Proceed

0.00

Rent Proceed

1500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

36601

Originating Lender

Lake Central Bank

Originating Lender City

ANNANDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

52079.38

Forgiveness Date

05/27/2021

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