PPP Loan information for Gerdes farms inc

$15,000

Gerdes farms inc was initially approved for PPP Loan of amount $15,000, the current approved amount is $15,000. The loan was approved on 04/15/2020 by The First State Bank Southwest reported 2 jobs and $15,000 was used to fund payroll.

Gerdes farms inc is Existing or more than 2 years old

GERDES FARMS INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

GERDES FARMS INC

Borrower Address

28793 140th St

Borrower City

FULDA

Borrower State

MN

Borrower Zip

56131-1400

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

15000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38811

Servicing Lender Name

First State Bank Southwest

Servicing Lender Address

202 8th Ave SE

Servicing Lender City

PIPESTONE

Servicing Lender State

MN

Servicing Lender Zip

56164-2140

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FULDA

Project County Name

MURRAY

Project State

MN

Project Zip

56131-1400

CD

MN-01

Jobs Reported

2

NAICS Code

111199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15000.00

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

Subchapter S Corporation

Originating Lender Location Id

38811

Originating Lender

First State Bank Southwest

Originating Lender City

PIPESTONE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15079.58

Forgiveness Date

11/02/2020

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