PPP Loan information for Ppc inc

$122,500

Ppc inc was initially approved for PPP Loan of amount $122,500, the current approved amount is $122,500. The loan was approved on 04/07/2020 by The Farmers & Merchants Savings Bank reported 15 jobs and $122,500 was used to fund payroll.

Ppc inc is Existing or more than 2 years old

PPP Loan Search / MN / PRINCETON / Ppc inc

PPC INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PPC INC

Borrower Address

31521 125 1/2 ST

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371-8301

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122500.00

Current Approval Amount

122500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

SHERBURNE

Project State

MN

Project Zip

55371-8301

CD

MN-06

Jobs Reported

15

NAICS Code

332812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

122500.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123255.42

Forgiveness Date

11/27/2020

;