PPP Loan information for Rich farms

$20,833

Rich farms was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 01/16/2021 by The Cedar Valley Bank & Trust reported 1 jobs and $20,833 was used to fund payroll.

Rich farms is Existing or more than 2 years old

RICH FARMS

Date Approved

01/16/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

RICH FARMS

Borrower Address

6026 26th Ave

Borrower City

Vinton

Borrower State

IA

Borrower Zip

52349-9677

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25277

Servicing Lender Name

Cedar Valley Bank & Trust

Servicing Lender Address

321 Main St

Servicing Lender City

LA PORTE CITY

Servicing Lender State

IA

Servicing Lender Zip

50651-1333

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vinton

Project County Name

BENTON

Project State

IA

Project Zip

52349-9677

CD

IA-02

Jobs Reported

1

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

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

Sole Proprietorship

Originating Lender Location Id

25277

Originating Lender

Cedar Valley Bank & Trust

Originating Lender City

LA PORTE CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20920.90

Forgiveness Date

06/23/2021

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