PPP Loan information for Root farms inc.

$22,700

Root farms inc. was initially approved for PPP Loan of amount $22,700, the current approved amount is $22,700. The loan was approved on 04/15/2020 by The First Fidelity Bank reported 3 jobs and $22,700 was used to fund payroll.

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

ROOT FARMS INC.

Date Approved

04/15/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

ROOT FARMS INC.

Borrower Address

31594 277TH ST

Borrower City

WINNER

Borrower State

SD

Borrower Zip

57580-6479

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22700.00

Current Approval Amount

22700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66470

Servicing Lender Name

First Fidelity Bank

Servicing Lender Address

745 Main St

Servicing Lender City

BURKE

Servicing Lender State

SD

Servicing Lender Zip

57523-7523

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINNER

Project County Name

TRIPP

Project State

SD

Project Zip

57580-6479

CD

SD-

Jobs Reported

3

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

22700.00

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

66470

Originating Lender

First Fidelity Bank

Originating Lender City

BURKE

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

22820.65

Forgiveness Date

11/05/2020

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