PPP Loan information for R&c farms, llc

$20,832

R&c farms, llc was initially approved for PPP Loan of amount $20,832, the current approved amount is $20,832. The loan was approved on 08/06/2020 by The First Farmers & Merchants National Bank reported 1 jobs and $20,832 was used to fund payroll.

R&c farms, llc is Existing or more than 2 years old

R&C FARMS, LLC

Date Approved

08/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R&C FARMS, LLC

Borrower Address

1088 SOUTH TYLER ST

Borrower City

TYLER

Borrower State

MN

Borrower Zip

56178-4056

Loan Status Date

11/11/2020

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20832.00

Current Approval Amount

20832.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38337

Servicing Lender Name

First Farmers & Merchants National Bank

Servicing Lender Address

303 E Main St

Servicing Lender City

LUVERNE

Servicing Lender State

MN

Servicing Lender Zip

56156-1901

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TYLER

Project County Name

LINCOLN

Project State

MN

Project Zip

56178-4056

CD

MN-07

Jobs Reported

1

NAICS Code

111150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20832.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38337

Originating Lender

First Farmers & Merchants National Bank

Originating Lender City

LUVERNE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20868.46

Forgiveness Date

10/13/2020

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