PPP Loan information for Kar farms

$24,000

Kar farms was initially approved for PPP Loan of amount $24,000, the current approved amount is $24,000. The loan was approved on 03/12/2021 by The Community Bank reported 4 jobs and $24,000 was used to fund payroll.

Kar farms is Existing or more than 2 years old

KAR FARMS

Date Approved

03/12/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

KAR FARMS

Borrower Address

1568 170th Trl

Borrower City

Mondamin

Borrower State

IA

Borrower Zip

51557-4040

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24000.00

Current Approval Amount

24000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24935

Servicing Lender Name

Community Bank

Servicing Lender Address

601 Iowa Ave

Servicing Lender City

DUNLAP

Servicing Lender State

IA

Servicing Lender Zip

51529-1333

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mondamin

Project County Name

HARRISON

Project State

IA

Project Zip

51557-4040

CD

IA-04

Jobs Reported

4

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

23997.00

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

24935

Originating Lender

Community Bank

Originating Lender City

DUNLAP

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24115.07

Forgiveness Date

09/13/2021

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