PPP Loan information for Metafarms inc

$381,000

Metafarms inc was initially approved for PPP Loan of amount $407,000, the current approved amount is $381,000. The loan was approved on 04/08/2020 by The Choice Financial Group reported 25 jobs and $381,000 was used to fund payroll.

Metafarms inc is Existing or more than 2 years old

METAFARMS INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

METAFARMS INC

Borrower Address

421 W TRAVELERS TRL

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55337-2554

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

407000.00

Current Approval Amount

381000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-2554

CD

MN-02

Jobs Reported

25

NAICS Code

511210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

381000.00

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

Corporation

Originating Lender Location Id

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

383338.19

Forgiveness Date

11/30/2020

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