PPP Loan information for Interstate farms, inc.

$51,400

Interstate farms, inc. was initially approved for PPP Loan of amount $51,400, the current approved amount is $51,400. The loan was approved on 04/05/2020 by The American State Bank reported 5 jobs and $51,400 was used to fund payroll.

Interstate farms, inc. is Existing or more than 2 years old

INTERSTATE FARMS, INC.

Date Approved

04/05/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

INTERSTATE FARMS, INC.

Borrower Address

47655 Hwy 46

Borrower City

BERESFORD

Borrower State

SD

Borrower Zip

57004

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51400.00

Current Approval Amount

51400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25469

Servicing Lender Name

American State Bank

Servicing Lender Address

525 N Main Ave

Servicing Lender City

SIOUX CENTER

Servicing Lender State

IA

Servicing Lender Zip

51250-1823

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BERESFORD

Project County Name

UNION

Project State

SD

Project Zip

57004-0001

CD

SD-

Jobs Reported

5

NAICS Code

524210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51400.00

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

Subchapter S Corporation

Originating Lender Location Id

25469

Originating Lender

American State Bank

Originating Lender City

SIOUX CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51861.90

Forgiveness Date

03/10/2021

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