Date Approved
04/08/2021
SBA Office Code
0761
Processing Method
PPS
Borrower Name
FERSTL FARMS INC
Borrower Address
1500 E McGregor St
Borrower City
Algona
Borrower State
IA
Borrower Zip
50511-3001
Loan Status Date
08/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
14293.88
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25608
Servicing Lender Name
Farmers State Bank
Servicing Lender Address
501 E State St
Servicing Lender City
ALGONA
Servicing Lender State
Servicing Lender Zip
50511-2837
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KOSSUTH
Project State
Project Zip
CD
IA-04
Jobs Reported
3
NAICS Code
111150
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
14332.39
Forgiveness Date
07/23/2021