PPP Loan information for Farmers shipping assoc

$270,000

Farmers shipping assoc was initially approved for PPP Loan of amount $270,000, the current approved amount is $270,000. The loan was approved on 04/27/2020 by The MidWestOne Bank reported 28 jobs and $270,000 was used to fund payroll.

Farmers shipping assoc is New Business or 2 years or less

FARMERS SHIPPING ASSOC

Date Approved

04/27/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FARMERS SHIPPING ASSOC

Borrower Address

303 3RD ST NE

Borrower City

DYERSVILLE

Borrower State

IA

Borrower Zip

52040-1225

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270000.00

Current Approval Amount

270000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DYERSVILLE

Project County Name

DUBUQUE

Project State

IA

Project Zip

52040-1225

CD

IA-02

Jobs Reported

28

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

270000.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

271642.50

Forgiveness Date

12/07/2020

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