PPP Loan information for Welle farm service, llc

$7,800

Welle farm service, llc was initially approved for PPP Loan of amount $7,800, the current approved amount is $7,800. The loan was approved on 04/14/2020 by The Magnifi Financial CU reported 2 jobs and $7,800 was used to fund payroll.

Welle farm service, llc is Existing or more than 2 years old

WELLE FARM SERVICE, LLC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WELLE FARM SERVICE, LLC

Borrower Address

35596 COUNTY ROAD 11

Borrower City

FREEPORT

Borrower State

MN

Borrower Zip

56331-9709

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7800.00

Current Approval Amount

7800.00

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

FREEPORT

Project County Name

STEARNS

Project State

MN

Project Zip

56331-9709

CD

MN-07

Jobs Reported

2

NAICS Code

811310

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

250.00

Payroll Proceed

6244.00

Mortgage Interest Proceed

0.00

Rent Proceed

1306.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7857.91

Forgiveness Date

01/20/2021

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