PPP Loan information for Lovelace farms inc.

$291,923

Lovelace farms inc. was initially approved for PPP Loan of amount $291,923, the current approved amount is $291,923. The loan was approved on 04/09/2020 by The Peoples Bank & Trust Co. reported 43 jobs and $291,923 was used to fund payroll.

Lovelace farms inc. is Existing or more than 2 years old

LOVELACE FARMS INC.

Date Approved

04/09/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

LOVELACE FARMS INC.

Borrower Address

88 Forrest Keeling Lane

Borrower City

Elsberry

Borrower State

MO

Borrower Zip

63343-3716

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

291922.75

Current Approval Amount

291922.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40626

Servicing Lender Name

Peoples Bank & Trust Co.

Servicing Lender Address

430 E Wood St

Servicing Lender City

TROY

Servicing Lender State

MO

Servicing Lender Zip

63379-1435

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Elsberry

Project County Name

LINCOLN

Project State

MO

Project Zip

63343-3716

CD

MO-06

Jobs Reported

43

NAICS Code

111421

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

291922.75

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

40626

Originating Lender

Peoples Bank & Trust Co.

Originating Lender City

TROY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

293560.76

Forgiveness Date

11/03/2020

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