PPP Loan information for Derek swenson farms inc

$41,100

Derek swenson farms inc was initially approved for PPP Loan of amount $41,100, the current approved amount is $41,100. The loan was approved on 04/03/2020 by The Kindred State Bank reported 3 jobs and $41,100 was used to fund payroll.

Derek swenson farms inc is Existing or more than 2 years old

PPP Loan Search / ND / KINDRED / Derek swenson farms inc

DEREK SWENSON FARMS INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

DEREK SWENSON FARMS INC

Borrower Address

5069 162nd Ave SE

Borrower City

KINDRED

Borrower State

ND

Borrower Zip

58051-9310

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41100.00

Current Approval Amount

41100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52861

Servicing Lender Name

Kindred State Bank

Servicing Lender Address

411 Elm St

Servicing Lender City

KINDRED

Servicing Lender State

ND

Servicing Lender Zip

58051-4001

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KINDRED

Project County Name

CASS

Project State

ND

Project Zip

58051-9310

CD

ND-

Jobs Reported

3

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6270.00

Payroll Proceed

24000.00

Mortgage Interest Proceed

2500.00

Rent Proceed

8330.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52861

Originating Lender

Kindred State Bank

Originating Lender City

KINDRED

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41316.20

Forgiveness Date

10/23/2020

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