PPP Loan information for Hoverson farms

$665,315

Hoverson farms was initially approved for PPP Loan of amount $665,315, the current approved amount is $665,315. The loan was approved on 02/25/2021 by The Bremer Bank, National Association reported 26 jobs and $665,315 was used to fund payroll.

Hoverson farms is Existing or more than 2 years old

PPP Loan Search / ND / Larimore / Hoverson farms

HOVERSON FARMS

Date Approved

02/25/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

HOVERSON FARMS

Borrower Address

1895 37th St NE

Borrower City

Larimore

Borrower State

ND

Borrower Zip

58251-9713

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

665315.00

Current Approval Amount

665315.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Larimore

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58251-9713

CD

ND-

Jobs Reported

26

NAICS Code

111211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

665313.00

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

Partnership

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

671056.76

Forgiveness Date

01/11/2022

;