PPP Loan information for Rix farms inc

$46,035

Rix farms inc was initially approved for PPP Loan of amount $46,035, the current approved amount is $46,035. The loan was approved on 01/21/2021 by The American Bank & Trust reported 5 jobs and $46,035 was used to fund payroll.

Rix farms inc is Existing or more than 2 years old

RIX FARMS INC

Date Approved

01/21/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

RIX FARMS INC

Borrower Address

12960 406th Ave

Borrower City

Groton

Borrower State

SD

Borrower Zip

57445-5425

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

46035.00

Current Approval Amount

46035.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66723

Servicing Lender Name

American Bank & Trust

Servicing Lender Address

120 E Main St

Servicing Lender City

WESSINGTON SPRINGS

Servicing Lender State

SD

Servicing Lender Zip

57382

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Groton

Project County Name

BROWN

Project State

SD

Project Zip

57445-5425

CD

SD-

Jobs Reported

5

NAICS Code

111110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

46033.00

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

66723

Originating Lender

American Bank & Trust

Originating Lender City

WESSINGTON SPRINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46339.34

Forgiveness Date

09/27/2021

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