PPP Loan information for Railside turkey farm, inc

$26,900

Railside turkey farm, inc was initially approved for PPP Loan of amount $26,900, the current approved amount is $26,900. The loan was approved on 04/10/2020 by The Magnifi Financial CU reported 14 jobs and $26,900 was used to fund payroll.

Railside turkey farm, inc is Existing or more than 2 years old

RAILSIDE TURKEY FARM, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAILSIDE TURKEY FARM, INC

Borrower Address

26980 405TH ST

Borrower City

FREEPORT

Borrower State

MN

Borrower Zip

56331-9500

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26900.00

Current Approval Amount

26900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEPORT

Project County Name

STEARNS

Project State

MN

Project Zip

56331-9500

CD

MN-07

Jobs Reported

14

NAICS Code

112330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

900.00

Payroll Proceed

26000.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27084.98

Forgiveness Date

12/22/2020

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