PPP Loan information for State farm insurance

$63,000

State farm insurance was initially approved for PPP Loan of amount $63,000, the current approved amount is $63,000. The loan was approved on 04/27/2020 by The Minnwest Bank reported 6 jobs and $63,000 was used to fund payroll.

State farm insurance is Existing or more than 2 years old

PPP Loan Search / MN / WASECA / State farm insurance

STATE FARM INSURANCE

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STATE FARM INSURANCE

Borrower Address

215 2ND AVE NE

Borrower City

WASECA

Borrower State

MN

Borrower Zip

56093-2934

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63000.00

Current Approval Amount

63000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASECA

Project County Name

WASECA

Project State

MN

Project Zip

56093-2934

CD

MN-01

Jobs Reported

6

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63000.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63357.00

Forgiveness Date

11/19/2020

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