PPP Loan information for Nj farms inc.

$44,500

Nj farms inc. was initially approved for PPP Loan of amount $44,500, the current approved amount is $44,500. The loan was approved on 04/08/2020 by The Northwest Bank reported 10 jobs and $44,500 was used to fund payroll.

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

NJ FARMS INC.

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

NJ FARMS INC.

Borrower Address

2790 200th St

Borrower City

SPIRIT LAKE

Borrower State

IA

Borrower Zip

51360-7347

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44500.00

Current Approval Amount

44500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPIRIT LAKE

Project County Name

DICKINSON

Project State

IA

Project Zip

51360-7347

CD

IA-04

Jobs Reported

10

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2500.00

Payroll Proceed

38000.00

Mortgage Interest Proceed

4000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

44873.31

Forgiveness Date

02/16/2021

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