PPP Loan information for Shalom farms, inc.

$75,000

Shalom farms, inc. was initially approved for PPP Loan of amount $93,000, the current approved amount is $75,000. The loan was approved on 04/27/2020 by The Magnifi Financial CU reported 15 jobs and $75,000 was used to fund payroll.

Shalom farms, inc. is Existing or more than 2 years old

SHALOM FARMS, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SHALOM FARMS, INC.

Borrower Address

37863 532nd Ave

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93000.00

Current Approval Amount

75000.00

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

STEARNS

Project State

MN

Project Zip

56362-0001

CD

MN-07

Jobs Reported

15

NAICS Code

112330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75000.00

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

Subchapter S Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75719.18

Forgiveness Date

04/20/2021

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