PPP Loan information for German farmers mutual insurance association

$49,400

German farmers mutual insurance association was initially approved for PPP Loan of amount $49,400, the current approved amount is $49,400. The loan was approved on 04/09/2020 by The Northwest Bank reported 5 jobs and $49,400 was used to fund payroll.

German farmers mutual insurance association is Existing or more than 2 years old

PPP Loan Search / IA / SIOUX CENTER / German farmers mutual insurance association

GERMAN FARMERS MUTUAL INSURANCE ASSOCIATION

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GERMAN FARMERS MUTUAL INSURANCE ASSOCIATION

Borrower Address

116 N Main Ave PO Box 325

Borrower City

SIOUX CENTER

Borrower State

IA

Borrower Zip

51250-1512

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49400.00

Current Approval Amount

49400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CENTER

Project County Name

SIOUX

Project State

IA

Project Zip

51250-1512

CD

IA-04

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2470.00

Payroll Proceed

41990.00

Mortgage Interest Proceed

0.00

Rent Proceed

4940.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49482.90

Forgiveness Date

11/10/2020

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