PPP Loan information for Schlichting farms inc

$159,700

Schlichting farms inc was initially approved for PPP Loan of amount $159,700, the current approved amount is $159,700. The loan was approved on 04/09/2020 by The Falcon National Bank reported 30 jobs and $159,700 was used to fund payroll.

Schlichting farms inc is Existing or more than 2 years old

SCHLICHTING FARMS INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHLICHTING FARMS INC

Borrower Address

3001 145TH ST NW

Borrower City

RICE

Borrower State

MN

Borrower Zip

56367-9794

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159700.00

Current Approval Amount

159700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICE

Project County Name

BENTON

Project State

MN

Project Zip

56367-9794

CD

MN-06

Jobs Reported

30

NAICS Code

112210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159700.00

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

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161016.98

Forgiveness Date

02/16/2021

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