PPP Loan information for Next generation farms

$6,495

Next generation farms was initially approved for PPP Loan of amount $6,495, the current approved amount is $6,495. The loan was approved on 06/23/2020 by The Farm Credit Midsouth, ACA reported 1 jobs and $6,495 was used to fund payroll.

Next generation farms is Existing or more than 2 years old

NEXT GENERATION FARMS

Date Approved

06/23/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

NEXT GENERATION FARMS

Borrower Address

159 COUNTY ROAD 767

Borrower City

BROOKLAND

Borrower State

AR

Borrower Zip

72417-8904

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6495.00

Current Approval Amount

6495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529010

Servicing Lender Name

Farm Credit Midsouth, ACA

Servicing Lender Address

3000 Prosperity Drive

Servicing Lender City

Jonesboro

Servicing Lender State

AR

Servicing Lender Zip

72404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLAND

Project County Name

CRAIGHEAD

Project State

AR

Project Zip

72417-8904

CD

AR-01

Jobs Reported

1

NAICS Code

111191

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6495.00

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

Partnership

Originating Lender Location Id

529010

Originating Lender

Farm Credit Midsouth, ACA

Originating Lender City

Jonesboro

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6548.94

Forgiveness Date

04/22/2021

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