PPP Loan information for El agave inc

$126,742

El agave inc was initially approved for PPP Loan of amount $126,742, the current approved amount is $126,742. The loan was approved on 04/15/2020 by The First Farmers & Merchants National Bank reported 30 jobs and $126,742 was used to fund payroll.

El agave inc is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / El agave inc

EL AGAVE INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

EL AGAVE INC

Borrower Address

62 Downtown Plaza

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-1732

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126742.00

Current Approval Amount

126742.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116933

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

114 S Park St

Servicing Lender City

FAIRMONT

Servicing Lender State

MN

Servicing Lender Zip

56031-2863

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-1732

CD

MN-01

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

110742.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

116933

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

FAIRMONT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

127699.61

Forgiveness Date

01/20/2021

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