PPP Loan information for Spencer ag center llc

$437,600

Spencer ag center llc was initially approved for PPP Loan of amount $437,600, the current approved amount is $437,600. The loan was approved on 04/06/2020 by The Farmers Trust and Savings Bank reported 25 jobs and $437,600 was used to fund payroll.

Spencer ag center llc is Existing or more than 2 years old

SPENCER AG CENTER LLC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SPENCER AG CENTER LLC

Borrower Address

1901 E 8th St PO BOX 238

Borrower City

SPENCER

Borrower State

IA

Borrower Zip

51301-4719

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

437600.00

Current Approval Amount

437600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25490

Servicing Lender Name

Farmers Trust and Savings Bank

Servicing Lender Address

125 W 4th St

Servicing Lender City

Spencer

Servicing Lender State

IA

Servicing Lender Zip

51301-3815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPENCER

Project County Name

CLAY

Project State

IA

Project Zip

51301-4719

CD

IA-04

Jobs Reported

25

NAICS Code

541690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

437600.00

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

25490

Originating Lender

Farmers Trust and Savings Bank

Originating Lender City

Spencer

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

440067.58

Forgiveness Date

11/05/2020

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