PPP Loan information for Folson farms corporation

$335,269

Folson farms corporation was initially approved for PPP Loan of amount $335,269, the current approved amount is $335,269. The loan was approved on 04/09/2021 by The First State Bank reported 33 jobs and $335,269 was used to fund payroll.

Folson farms corporation is Existing or more than 2 years old

PPP Loan Search / MN / East Grand Forks / Folson farms corporation

FOLSON FARMS CORPORATION

Date Approved

04/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FOLSON FARMS CORPORATION

Borrower Address

306 7th Ave NE

Borrower City

East Grand Forks

Borrower State

MN

Borrower Zip

56721-3105

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

335269.00

Current Approval Amount

335269.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52691

Servicing Lender Name

First State Bank

Servicing Lender Address

423 Broadway

Servicing Lender City

BUXTON

Servicing Lender State

ND

Servicing Lender Zip

58218

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Grand Forks

Project County Name

POLK

Project State

MN

Project Zip

56721-3105

CD

MN-07

Jobs Reported

33

NAICS Code

111211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

335264.00

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

52691

Originating Lender

First State Bank

Originating Lender City

BUXTON

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

337280.61

Forgiveness Date

11/16/2021

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