PPP Loan information for Long acres inc

$7,500

Long acres inc was initially approved for PPP Loan of amount $7,500, the current approved amount is $7,500. The loan was approved on 04/10/2021 by The Farmers State Bank reported 1 jobs and $7,500 was used to fund payroll.

Long acres inc is Existing or more than 2 years old

LONG ACRES INC

Date Approved

04/10/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

LONG ACRES INC

Borrower Address

42134 281st St

Borrower City

Olivet

Borrower State

SD

Borrower Zip

57052-6409

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7500.00

Current Approval Amount

7500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66556

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

103 W Main St

Servicing Lender City

PARKSTON

Servicing Lender State

SD

Servicing Lender Zip

57366

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Olivet

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57052-6409

CD

SD-

Jobs Reported

1

NAICS Code

111199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

7498.00

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

66556

Originating Lender

Farmers State Bank

Originating Lender City

PARKSTON

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7515.62

Forgiveness Date

06/29/2021

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