PPP Loan information for Ries farms llc

$117,500

Ries farms llc was initially approved for PPP Loan of amount $97,600, the current approved amount is $117,500. The loan was approved on 04/04/2020 by The Premier Bank Minnesota reported 9 jobs and $117,500 was used to fund payroll.

Ries farms llc is Existing or more than 2 years old

PPP Loan Search / MN / HASTINGS / Ries farms llc

RIES FARMS LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RIES FARMS LLC

Borrower Address

17205 230TH ST E

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033-8746

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97600.00

Current Approval Amount

117500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117020

Servicing Lender Name

Premier Bank Minnesota

Servicing Lender Address

101 E 10th St

Servicing Lender City

Hastings

Servicing Lender State

MN

Servicing Lender Zip

55033

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-8746

CD

MN-01

Jobs Reported

9

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88500.00

Mortgage Interest Proceed

7500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14500.00

Debt Interest Proceed

7000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

117020

Originating Lender

Premier Bank Minnesota

Originating Lender City

Hastings

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

118159.31

Forgiveness Date

11/03/2020

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