PPP Loan information for Herdering farms inc

$13,000

Herdering farms inc was initially approved for PPP Loan of amount $13,000, the current approved amount is $13,000. The loan was approved on 04/14/2020 by The Magnifi Financial CU reported 3 jobs and $13,000 was used to fund payroll.

Herdering farms inc is Existing or more than 2 years old

PPP Loan Search / MN / FREEPORT / Herdering farms inc

HERDERING FARMS INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HERDERING FARMS INC

Borrower Address

41359 COUNTY ROAD 11

Borrower City

FREEPORT

Borrower State

MN

Borrower Zip

56331-9641

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13000.00

Current Approval Amount

13000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEPORT

Project County Name

STEARNS

Project State

MN

Project Zip

56331-9641

CD

MN-07

Jobs Reported

3

NAICS Code

112120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9750.00

Mortgage Interest Proceed

0.00

Rent Proceed

3250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

13130.71

Forgiveness Date

04/20/2021

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