PPP Loan information for Medine farms inc.

$72,000

Medine farms inc. was initially approved for PPP Loan of amount $72,000, the current approved amount is $72,000. The loan was approved on 04/14/2020 by The The Bank of Commerce reported 13 jobs and $72,000 was used to fund payroll.

Medine farms inc. is Existing or more than 2 years old

MEDINE FARMS INC.

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MEDINE FARMS INC.

Borrower Address

31931 ALOYSIA RD

Borrower City

WHITE CASTLE

Borrower State

LA

Borrower Zip

70788-3506

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72000.00

Current Approval Amount

72000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29364

Servicing Lender Name

The Bank of Commerce

Servicing Lender Address

32460 Bowie St

Servicing Lender City

WHITE CASTLE

Servicing Lender State

LA

Servicing Lender Zip

70788-2406

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE CASTLE

Project County Name

IBERVILLE

Project State

LA

Project Zip

70788-3506

CD

LA-02

Jobs Reported

13

NAICS Code

111930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72000.00

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

29364

Originating Lender

The Bank of Commerce

Originating Lender City

WHITE CASTLE

Originating Lender State

LA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72414.25

Forgiveness Date

11/27/2020

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