PPP Loan information for Heartland agriculture, llc

$3,950,000

Heartland agriculture, llc was initially approved for PPP Loan of amount $3,950,000, the current approved amount is $3,950,000. The loan was approved on 04/04/2020 by The Dundee Bank reported 250 jobs and $3,950,000 was used to fund payroll.

Heartland agriculture, llc is Existing or more than 2 years old

HEARTLAND AGRICULTURE, LLC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HEARTLAND AGRICULTURE, LLC

Borrower Address

1180 State Highway 7 East

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-1430

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3950000.00

Current Approval Amount

3950000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42041

Servicing Lender Name

Dundee Bank

Servicing Lender Address

5015 Underwood Ave

Servicing Lender City

OMAHA

Servicing Lender State

NE

Servicing Lender Zip

68132

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-1430

CD

MN-07

Jobs Reported

250

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

70000.00

Payroll Proceed

3555000.00

Mortgage Interest Proceed

250000.00

Rent Proceed

75000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

42041

Originating Lender

Dundee Bank

Originating Lender City

OMAHA

Originating Lender State

NE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3996522.22

Forgiveness Date

06/09/2021

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