PPP Loan information for Hoverson farms

$483,500

Hoverson farms was initially approved for PPP Loan of amount $483,500, the current approved amount is $483,500. The loan was approved on 04/05/2020 by The Bremer Bank, National Association reported 33 jobs and $483,500 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

04/05/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

HOVERSON FARMS

Borrower Address

1895 37th St NE

Borrower City

LARIMORE

Borrower State

ND

Borrower Zip

58251-9713

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

483500.00

Current Approval Amount

483500.00

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

33

NAICS Code

111211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

483500.00

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

487752.15

Forgiveness Date

02/25/2021

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