Date Approved
04/08/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
RUST FARMS, LLC
Borrower Address
239 158TH AVE SE
Borrower City
HILLSBORO
Borrower State
ND
Borrower Zip
58045-9130
Loan Status Date
12/12/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
24100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52856
Servicing Lender Name
Dakota Heritage Bank
Servicing Lender Address
109 Main St
Servicing Lender City
HUNTER
Servicing Lender State
Servicing Lender Zip
58048
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TRAILL
Project State
Project Zip
CD
ND-
Jobs Reported
12
NAICS Code
111991
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3500.00
Payroll Proceed
20000.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
600.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
24238.00
Forgiveness Date
11/12/2020