PPP Loan information for Loyland farms inc

$134,400

Loyland farms inc was initially approved for PPP Loan of amount $134,400, the current approved amount is $134,400. The loan was approved on 02/05/2021 by The Alerus Financial, National Association reported 10 jobs and $134,400 was used to fund payroll.

Loyland farms inc is Existing or more than 2 years old

LOYLAND FARMS INC

Date Approved

02/05/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

LOYLAND FARMS INC

Borrower Address

712 8th Ave NE

Borrower City

Thompson

Borrower State

ND

Borrower Zip

58278-9330

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

134400.00

Current Approval Amount

134400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Thompson

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58278-9330

CD

ND-

Jobs Reported

10

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

134400.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135389.33

Forgiveness Date

11/05/2021

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