PPP Loan information for Schrupp family farms llc

$22,696

Schrupp family farms llc was initially approved for PPP Loan of amount $22,696, the current approved amount is $22,696. The loan was approved on 03/06/2021 by The Magnifi Financial CU reported 3 jobs and $22,696 was used to fund payroll.

Schrupp family farms llc is Existing or more than 2 years old

SCHRUPP FAMILY FARMS LLC

Date Approved

03/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SCHRUPP FAMILY FARMS LLC

Borrower Address

38030 Csah 25

Borrower City

Paynesville

Borrower State

MN

Borrower Zip

56362-9559

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22696.00

Current Approval Amount

22696.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paynesville

Project County Name

MEEKER

Project State

MN

Project Zip

56362-9559

CD

MN-07

Jobs Reported

3

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

22694.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22807.93

Forgiveness Date

09/09/2021

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