PPP Loan information for Gerhardt farms

$11,600

Gerhardt farms was initially approved for PPP Loan of amount $11,600, the current approved amount is $11,600. The loan was approved on 04/16/2020 by The The First National Bank of Carmi reported 1 jobs and $11,600 was used to fund payroll.

Gerhardt farms is Existing or more than 2 years old

GERHARDT FARMS

Date Approved

04/16/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

GERHARDT FARMS

Borrower Address

10699 HEIM RD

Borrower City

CHANDLER

Borrower State

IN

Borrower Zip

47610-9366

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11600.00

Current Approval Amount

11600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20416

Servicing Lender Name

The First National Bank of Carmi

Servicing Lender Address

201 E Main St

Servicing Lender City

CARMI

Servicing Lender State

IL

Servicing Lender Zip

62821-1841

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANDLER

Project County Name

WARRICK

Project State

IN

Project Zip

47610-9366

CD

IN-08

Jobs Reported

1

NAICS Code

111191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1300.00

Payroll Proceed

9300.00

Mortgage Interest Proceed

1000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

20416

Originating Lender

The First National Bank of Carmi

Originating Lender City

CARMI

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11692.16

Forgiveness Date

01/28/2021

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