PPP Loan information for R&b farms

$49,760

R&b farms was initially approved for PPP Loan of amount $13,500, the current approved amount is $49,760. The loan was approved on 04/10/2020 by The First Dakota National Bank reported 2 jobs and $49,760 was used to fund payroll.

R&b farms is Existing or more than 2 years old

R&B FARMS

Date Approved

04/10/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

R&B FARMS

Borrower Address

23625 365TH AVE

Borrower City

KIMBALL

Borrower State

SD

Borrower Zip

57355-6004

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13500.00

Current Approval Amount

49760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66728

Servicing Lender Name

First Dakota National Bank

Servicing Lender Address

225 Cedar St

Servicing Lender City

YANKTON

Servicing Lender State

SD

Servicing Lender Zip

57078-4333

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KIMBALL

Project County Name

JERAULD

Project State

SD

Project Zip

57355-6004

CD

SD-

Jobs Reported

2

NAICS Code

424510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3375.00

Payroll Proceed

46385.00

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

Sole Proprietorship

Originating Lender Location Id

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50344.85

Forgiveness Date

06/24/2021

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