PPP Loan information for Simmons farms inc

$146,900

Simmons farms inc was initially approved for PPP Loan of amount $146,900, the current approved amount is $146,900. The loan was approved on 04/10/2020 by The Mid Minnesota FCU reported 11 jobs and $146,900 was used to fund payroll.

Simmons farms inc is Existing or more than 2 years old

SIMMONS FARMS INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SIMMONS FARMS INC

Borrower Address

206 N7TH ST

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-3416

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

146900.00

Current Approval Amount

146900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99592

Servicing Lender Name

Mid Minnesota FCU

Servicing Lender Address

13283 Isle Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8554

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-3416

CD

MN-08

Jobs Reported

11

NAICS Code

541613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36725.00

Payroll Proceed

110175.00

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

99592

Originating Lender

Mid Minnesota FCU

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

147902.14

Forgiveness Date

12/22/2020

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