PPP Loan information for J r ferche inc

$514,000

J r ferche inc was initially approved for PPP Loan of amount $514,000, the current approved amount is $514,000. The loan was approved on 04/07/2020 by The West Bank reported 29 jobs and $514,000 was used to fund payroll.

J r ferche inc is Existing or more than 2 years old

J R FERCHE INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

J R FERCHE INC

Borrower Address

13265 25TH AVE NW

Borrower City

RICE

Borrower State

MN

Borrower Zip

56367-7704

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514000.00

Current Approval Amount

514000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25587

Servicing Lender Name

West Bank

Servicing Lender Address

1601 22nd St

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-1408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICE

Project County Name

BENTON

Project State

MN

Project Zip

56367-7704

CD

MN-06

Jobs Reported

29

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

514000.00

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

Corporation

Originating Lender Location Id

25587

Originating Lender

West Bank

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

516830.52

Forgiveness Date

11/05/2020

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