PPP Loan information for Welstad farms

$41,941

Welstad farms was initially approved for PPP Loan of amount $41,941, the current approved amount is $41,941. The loan was approved on 04/15/2020 by The Farm Credit Services of North Dakota, ACA reported 4 jobs and $41,941 was used to fund payroll.

Welstad farms is Existing or more than 2 years old

PPP Loan Search / ND / NEWBURG / Welstad farms

WELSTAD FARMS

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

WELSTAD FARMS

Borrower Address

7934 19th Ave N

Borrower City

NEWBURG

Borrower State

ND

Borrower Zip

58762

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41941.00

Current Approval Amount

41941.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

292423

Servicing Lender Name

Farm Credit Services of North Dakota, ACA

Servicing Lender Address

PO Box 70 3100 10th Street SW

Servicing Lender City

MINOT

Servicing Lender State

ND

Servicing Lender Zip

58702-0070

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWBURG

Project County Name

BOTTINEAU

Project State

ND

Project Zip

58762-0001

CD

ND-

Jobs Reported

4

NAICS Code

111191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41941.00

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

Partnership

Originating Lender Location Id

292423

Originating Lender

Farm Credit Services of North Dakota, ACA

Originating Lender City

MINOT

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42238.61

Forgiveness Date

01/07/2021

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