Date Approved
04/08/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
RONALD SPALE FARMS, INC.
Borrower Address
14806 64TH ST
Borrower City
GRAFTON
Borrower State
ND
Borrower Zip
58237-9192
Loan Status Date
12/12/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
25100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52926
Servicing Lender Name
First United Bank
Servicing Lender Address
503 Briggs Ave South
Servicing Lender City
PARK RIVER
Servicing Lender State
Servicing Lender Zip
58270
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WALSH
Project State
Project Zip
CD
ND-
Jobs Reported
2
NAICS Code
111991
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2100.00
Payroll Proceed
20000.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
3000.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
25252.69
Forgiveness Date
11/23/2020