PPP Loan information for Farmers grain & feed co. inc.

$368,500

Farmers grain & feed co. inc. was initially approved for PPP Loan of amount $368,500, the current approved amount is $368,500. The loan was approved on 04/06/2020 by The Lake City Bank reported 39 jobs and $368,500 was used to fund payroll.

Farmers grain & feed co. inc. is Existing or more than 2 years old

FARMERS GRAIN & FEED CO. INC.

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FARMERS GRAIN & FEED CO. INC.

Borrower Address

2480 S 600 E

Borrower City

COLUMBIA CITY

Borrower State

IN

Borrower Zip

46725-0001

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

368500.00

Current Approval Amount

368500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA CITY

Project County Name

WHITLEY

Project State

IN

Project Zip

46725-0001

CD

IN-03

Jobs Reported

39

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

190500.00

Mortgage Interest Proceed

0.00

Rent Proceed

78000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

70000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370721.24

Forgiveness Date

11/19/2020

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