PPP Loan information for Rus farms inc

$98,600

Rus farms inc was initially approved for PPP Loan of amount $98,600, the current approved amount is $98,600. The loan was approved on 04/06/2020 by The American State Bank reported 8 jobs and $98,600 was used to fund payroll.

Rus farms inc is Existing or more than 2 years old

PPP Loan Search / IA / ROCK VALLEY / Rus farms inc

RUS FARMS INC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RUS FARMS INC

Borrower Address

3283 Dogwood Ave

Borrower City

ROCK VALLEY

Borrower State

IA

Borrower Zip

51247-7429

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98600.00

Current Approval Amount

98600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCK VALLEY

Project County Name

SIOUX

Project State

IA

Project Zip

51247-7429

CD

IA-04

Jobs Reported

8

NAICS Code

112111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31800.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

99788.60

Forgiveness Date

06/30/2021

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