PPP Loan information for Ferstl farms inc

$14,294

Ferstl farms inc was initially approved for PPP Loan of amount $14,294, the current approved amount is $14,294. The loan was approved on 04/08/2021 by The Farmers State Bank reported 3 jobs and $14,294 was used to fund payroll.

Ferstl farms inc is Existing or more than 2 years old

FERSTL FARMS INC

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

14293.88

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

IA

Servicing Lender Zip

50511-2837

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Algona

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-3001

CD

IA-04

Jobs Reported

3

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

14293.88

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

25608

Originating Lender

Farmers State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

14332.39

Forgiveness Date

07/23/2021

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