PPP Loan information for Gem farms inc

$58,700

Gem farms inc was initially approved for PPP Loan of amount $58,700, the current approved amount is $58,700. The loan was approved on 04/10/2020 by The Ultima Bank Minnesota reported 18 jobs and $58,700 was used to fund payroll.

Gem farms inc is Existing or more than 2 years old

PPP Loan Search / ND / DRAYTON / Gem farms inc

GEM FARMS INC

Date Approved

04/10/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

GEM FARMS INC

Borrower Address

108 NO 5th ST, PO BOX 344

Borrower City

DRAYTON

Borrower State

ND

Borrower Zip

58225-0334

Loan Status Date

01/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58700.00

Current Approval Amount

58700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DRAYTON

Project County Name

PEMBINA

Project State

ND

Project Zip

58225-0334

CD

ND-

Jobs Reported

18

NAICS Code

111199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

58700.00

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

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

58994.30

Forgiveness Date

10/21/2020

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