PPP Loan information for Farm systems inc

$573,535

Farm systems inc was initially approved for PPP Loan of amount $573,535, the current approved amount is $573,535. The loan was approved on 04/08/2020 by The The Exchange Bank of Alabama reported 52 jobs and $573,535 was used to fund payroll.

Farm systems inc is Existing or more than 2 years old

FARM SYSTEMS INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FARM SYSTEMS INC

Borrower Address

9885 COUNTY ROAD 33

Borrower City

ASHVILLE

Borrower State

AL

Borrower Zip

35953-4116

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

573535.00

Current Approval Amount

573535.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20

Servicing Lender Name

The Exchange Bank of Alabama

Servicing Lender Address

7170 6th Ave

Servicing Lender City

ALTOONA

Servicing Lender State

AL

Servicing Lender Zip

35952-5952

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHVILLE

Project County Name

SAINT CLAIR

Project State

AL

Project Zip

35953-4116

CD

AL-03

Jobs Reported

52

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

573535.00

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

20

Originating Lender

The Exchange Bank of Alabama

Originating Lender City

ALTOONA

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

579034.65

Forgiveness Date

03/31/2021

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