PPP Loan information for Ronald spale farms, inc.

$25,100

Ronald spale farms, inc. was initially approved for PPP Loan of amount $25,100, the current approved amount is $25,100. The loan was approved on 04/08/2020 by The First United Bank reported 2 jobs and $25,100 was used to fund payroll.

Ronald spale farms, inc. is Existing or more than 2 years old

RONALD SPALE FARMS, INC.

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RONALD SPALE FARMS, INC.

Borrower Address

14806 64TH ST

Borrower City

GRAFTON

Borrower State

ND

Borrower Zip

58237-9192

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25100.00

Current Approval Amount

25100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52926

Servicing Lender Name

First United Bank

Servicing Lender Address

503 Briggs Ave South

Servicing Lender City

PARK RIVER

Servicing Lender State

ND

Servicing Lender Zip

58270

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAFTON

Project County Name

WALSH

Project State

ND

Project Zip

58237-9192

CD

ND-

Jobs Reported

2

NAICS Code

111991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2100.00

Payroll Proceed

20000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

52926

Originating Lender

First United Bank

Originating Lender City

PARK RIVER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25252.69

Forgiveness Date

11/23/2020

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