Date Approved
08/03/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
MICHAEL RESCH FARMS
Borrower Address
1217 280TH AVE
Borrower City
SPIRIT LAKE
Borrower State
IA
Borrower Zip
51360-7355
Loan Status Date
05/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
17300.00
Current Approval Amount
20800.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
323257
Servicing Lender Name
Liberty National Bank
Servicing Lender Address
4425 Singing Hills Blvd
Servicing Lender City
SIOUX CITY
Servicing Lender State
Servicing Lender Zip
51106-9536
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DICKINSON
Project State
Project Zip
CD
IA-04
Jobs Reported
6
NAICS Code
111150
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
20942.71
Forgiveness Date
04/12/2021