PPP Loan information for Lynell hofer

$31,325

Lynell hofer was initially approved for PPP Loan of amount $31,325, the current approved amount is $31,325. The loan was approved on 02/23/2021 by The Merchants State Bank reported 2 jobs and $31,325 was used to fund payroll.

Lynell hofer is Existing or more than 2 years old

LYNELL HOFER

Date Approved

02/23/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

LYNELL HOFER

Borrower Address

27618 431st Ave

Borrower City

Freeman

Borrower State

SD

Borrower Zip

57029-6022

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31325.30

Current Approval Amount

31325.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Freeman

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57029-6022

CD

SD-

Jobs Reported

2

NAICS Code

111199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

31324.30

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

Sole Proprietorship

Originating Lender Location Id

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31468.00

Forgiveness Date

08/10/2021

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