PPP Loan information for Schumacher farms

$20,833

Schumacher farms was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/27/2020 by The SouthPoint Financial CU reported 2 jobs and $20,833 was used to fund payroll.

Schumacher farms is Existing or more than 2 years old

PPP Loan Search / MN / SPRINGFIELD / Schumacher farms

SCHUMACHER FARMS

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCHUMACHER FARMS

Borrower Address

17898 340th Ave

Borrower City

SPRINGFIELD

Borrower State

MN

Borrower Zip

56087-1688

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20833.32

Current Approval Amount

20833.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99853

Servicing Lender Name

SouthPoint Financial CU

Servicing Lender Address

924 Main St, East

Servicing Lender City

SLEEPY EYE

Servicing Lender State

MN

Servicing Lender Zip

56085-4380

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

BROWN

Project State

MN

Project Zip

56087-1688

CD

MN-07

Jobs Reported

2

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20833.32

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

Sole Proprietorship

Originating Lender Location Id

99853

Originating Lender

SouthPoint Financial CU

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20949.19

Forgiveness Date

11/23/2020

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