PPP Loan information for Lorence's berry farm inc

$35,000

Lorence's berry farm inc was initially approved for PPP Loan of amount $35,000, the current approved amount is $35,000. The loan was approved on 03/24/2021 by The Castle Rock Bank reported 29 jobs and $35,000 was used to fund payroll.

Lorence's berry farm inc is Existing or more than 2 years old

LORENCE'S BERRY FARM INC

Date Approved

03/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

LORENCE'S BERRY FARM INC

Borrower Address

28625 Foliage Ave

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-5107

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

35000.00

Current Approval Amount

35000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36715

Servicing Lender Name

Castle Rock Bank

Servicing Lender Address

27925 Danville Ave

Servicing Lender City

CASTLE ROCK

Servicing Lender State

MN

Servicing Lender Zip

55010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northfield

Project County Name

DAKOTA

Project State

MN

Project Zip

55057-5107

CD

MN-02

Jobs Reported

29

NAICS Code

111334

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

34995.00

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

36715

Originating Lender

Castle Rock Bank

Originating Lender City

CASTLE ROCK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35289.72

Forgiveness Date

01/19/2022

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