PPP Loan information for Laotto farm supplies inc.

$71,700

Laotto farm supplies inc. was initially approved for PPP Loan of amount $71,700, the current approved amount is $71,700. The loan was approved on 04/10/2020 by The Farmers and Merchants Bank reported 11 jobs and $71,700 was used to fund payroll.

Laotto farm supplies inc. is Existing or more than 2 years old

LAOTTO FARM SUPPLIES INC.

Date Approved

04/10/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

LAOTTO FARM SUPPLIES INC.

Borrower Address

11757 East SR 205

Borrower City

LAOTTO

Borrower State

IN

Borrower Zip

46763-0155

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71700.00

Current Approval Amount

71700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23865

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

6464 Merchants Dr

Servicing Lender City

LAOTTO

Servicing Lender State

IN

Servicing Lender Zip

46763-9629

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAOTTO

Project County Name

NOBLE

Project State

IN

Project Zip

46763-0155

CD

IN-03

Jobs Reported

11

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71700.00

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

23865

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAOTTO

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72215.84

Forgiveness Date

01/04/2021

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