PPP Loan information for Hendel farms

$90,200

Hendel farms was initially approved for PPP Loan of amount $71,900, the current approved amount is $90,200. The loan was approved on 04/07/2020 by The Merchants Bank, National Association reported 12 jobs and $90,200 was used to fund payroll.

Hendel farms is New Business or 2 years or less

HENDEL FARMS

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HENDEL FARMS

Borrower Address

14913 Gap Drive

Borrower City

CALEDONIA

Borrower State

MN

Borrower Zip

55921-5723

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71900.00

Current Approval Amount

90200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CALEDONIA

Project County Name

HOUSTON

Project State

MN

Project Zip

55921-5723

CD

MN-01

Jobs Reported

12

NAICS Code

112120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1395.00

Payroll Proceed

75805.00

Mortgage Interest Proceed

13000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72355.37

Forgiveness Date

12/02/2020

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