PPP Loan information for Michels farms inc.

$20,832

Michels farms inc. was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 01/21/2021 by The Community Bank Mankato reported 1 jobs and $20,832 was used to fund payroll.

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

MICHELS FARMS INC.

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MICHELS FARMS INC.

Borrower Address

40312 496th St

Borrower City

North Mankato

Borrower State

MN

Borrower Zip

56003-4159

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Mankato

Project County Name

NICOLLET

Project State

MN

Project Zip

56003-4159

CD

MN-01

Jobs Reported

1

NAICS Code

112210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20828.00

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

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20911.28

Forgiveness Date

06/14/2021

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