PPP Loan information for Nagel farm service inc.

$400,970

Nagel farm service inc. was initially approved for PPP Loan of amount $400,970, the current approved amount is $400,970. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 35 jobs and $400,970 was used to fund payroll.

Nagel farm service inc. is Existing or more than 2 years old

NAGEL FARM SERVICE INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

NAGEL FARM SERVICE INC.

Borrower Address

6202 Nagel Road

Borrower City

Preston

Borrower State

MD

Borrower Zip

21655

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400970.00

Current Approval Amount

400970.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Preston

Project County Name

CAROLINE

Project State

MD

Project Zip

21655-0001

CD

MD-01

Jobs Reported

35

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

300000.00

Mortgage Interest Proceed

0.00

Rent Proceed

13500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13295.00

Debt Interest Proceed

54175

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

405122.51

Forgiveness Date

05/10/2021

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