PPP Loan information for Wear farms ltd.

$15,000

Wear farms ltd. was initially approved for PPP Loan of amount $15,000, the current approved amount is $15,000. The loan was approved on 02/20/2021 by The Farmers State Bank reported 1 jobs and $15,000 was used to fund payroll.

Wear farms ltd. is Existing or more than 2 years old

WEAR FARMS LTD.

Date Approved

02/20/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

WEAR FARMS LTD.

Borrower Address

3935 Central City Rd

Borrower City

Center Point

Borrower State

IA

Borrower Zip

52213-9597

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

15000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Center Point

Project County Name

LINN

Project State

IA

Project Zip

52213-9597

CD

IA-02

Jobs Reported

1

NAICS Code

111110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

15000.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15045.00

Forgiveness Date

06/14/2021

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