PPP Loan information for Farm rite equipment of willmar, inc

$104,500

Farm rite equipment of willmar, inc was initially approved for PPP Loan of amount $104,500, the current approved amount is $104,500. The loan was approved on 04/06/2020 by The Falcon National Bank reported 9 jobs and $104,500 was used to fund payroll.

Farm rite equipment of willmar, inc is Existing or more than 2 years old

PPP Loan Search / MN / WILLMAR / Farm rite equipment of willmar, inc

FARM RITE EQUIPMENT OF WILLMAR, INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FARM RITE EQUIPMENT OF WILLMAR, INC

Borrower Address

1515 West Litchfield Ave

Borrower City

WILLMAR

Borrower State

MN

Borrower Zip

56201

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104500.00

Current Approval Amount

104500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328519

Servicing Lender Name

Falcon National Bank

Servicing Lender Address

183 Cedar Dr

Servicing Lender City

FOLEY

Servicing Lender State

MN

Servicing Lender Zip

56329-4401

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLMAR

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56201-0001

CD

MN-07

Jobs Reported

9

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104500.00

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

328519

Originating Lender

Falcon National Bank

Originating Lender City

FOLEY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105367.49

Forgiveness Date

02/16/2021

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