PPP Loan information for Itasca county farm service

$62,400

Itasca county farm service was initially approved for PPP Loan of amount $62,400, the current approved amount is $62,400. The loan was approved on 04/08/2020 by The Deerwood Bank reported 6 jobs and $62,400 was used to fund payroll.

Itasca county farm service is Existing or more than 2 years old

ITASCA COUNTY FARM SERVICE

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ITASCA COUNTY FARM SERVICE

Borrower Address

900 NW 4th St

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-2202

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62400.00

Current Approval Amount

62400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2202

CD

MN-08

Jobs Reported

6

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2600.00

Payroll Proceed

56800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3000

Business Type

Cooperative

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62935.60

Forgiveness Date

02/16/2021

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