PPP Loan information for Erickson farms inc

$51,200

Erickson farms inc was initially approved for PPP Loan of amount $51,200, the current approved amount is $51,200. The loan was approved on 04/27/2020 by The Dacotah Bank reported 3 jobs and $51,200 was used to fund payroll.

Erickson farms inc is Existing or more than 2 years old

PPP Loan Search / SD / VALLEY SPRINGS / Erickson farms inc

ERICKSON FARMS INC

Date Approved

04/27/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

ERICKSON FARMS INC

Borrower Address

48494 260th St

Borrower City

VALLEY SPRINGS

Borrower State

SD

Borrower Zip

57068-6719

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51200.00

Current Approval Amount

51200.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VALLEY SPRINGS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57068-6719

CD

SD-

Jobs Reported

3

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3212.00

Payroll Proceed

40988.00

Mortgage Interest Proceed

7000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51554.13

Forgiveness Date

01/06/2021

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