PPP Loan information for New horizon farms llp

$1,621,400

New horizon farms llp was initially approved for PPP Loan of amount $1,621,400, the current approved amount is $1,621,400. The loan was approved on 01/21/2021 by The First Bank & Trust reported 133 jobs and $1,621,400 was used to fund payroll.

New horizon farms llp is Existing or more than 2 years old

NEW HORIZON FARMS LLP

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NEW HORIZON FARMS LLP

Borrower Address

319 N Hiawatha Ave

Borrower City

Pipestone

Borrower State

MN

Borrower Zip

56164-1889

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1621400.00

Current Approval Amount

1621400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pipestone

Project County Name

PIPESTONE

Project State

MN

Project Zip

56164-1889

CD

MN-07

Jobs Reported

133

NAICS Code

112210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1621398.00

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

Limited Liability Partnership

Originating Lender Location Id

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1635001.74

Forgiveness Date

11/26/2021

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