PPP Loan information for Kohlnhofer farms

$374,997

Kohlnhofer farms was initially approved for PPP Loan of amount $374,997, the current approved amount is $374,997. The loan was approved on 01/22/2021 by The Merchants Bank, National Association reported 27 jobs and $374,997 was used to fund payroll.

Kohlnhofer farms is Existing or more than 2 years old

PPP Loan Search / MN / Lake City / Kohlnhofer farms

KOHLNHOFER FARMS

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

KOHLNHOFER FARMS

Borrower Address

35559 County 45 Blvd

Borrower City

Lake City

Borrower State

MN

Borrower Zip

55041-3268

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

374997.00

Current Approval Amount

374997.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake City

Project County Name

GOODHUE

Project State

MN

Project Zip

55041-3268

CD

MN-01

Jobs Reported

27

NAICS Code

112210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

374995.00

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

Subchapter S Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

378569.89

Forgiveness Date

01/06/2022

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