PPP Loan information for Profarm inc

$7,100

Profarm inc was initially approved for PPP Loan of amount $7,100, the current approved amount is $7,100. The loan was approved on 04/28/2020 by The Reliance State Bank reported 1 jobs and $7,100 was used to fund payroll.

Profarm inc is Existing or more than 2 years old

PROFARM INC

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PROFARM INC

Borrower Address

355 Country Club dr

Borrower City

Garner

Borrower State

IA

Borrower Zip

50438-1041

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7100.00

Current Approval Amount

7100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25511

Servicing Lender Name

Reliance State Bank

Servicing Lender Address

606 Broad St

Servicing Lender City

STORY CITY

Servicing Lender State

IA

Servicing Lender Zip

50248-1226

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Garner

Project County Name

HANCOCK

Project State

IA

Project Zip

50438-1041

CD

IA-04

Jobs Reported

1

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

400.00

Payroll Proceed

6700.00

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

Corporation

Originating Lender Location Id

25511

Originating Lender

Reliance State Bank

Originating Lender City

STORY CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7149.21

Forgiveness Date

01/07/2021

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