Date Approved
04/29/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
1885 FARMS, INC
Borrower Address
21191 430th Avenue
Borrower City
LAMBERTON
Borrower State
MN
Borrower Zip
56152-2092
Loan Status Date
06/05/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
14380.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99853
Servicing Lender Name
SouthPoint Financial CU
Servicing Lender Address
924 Main St, East
Servicing Lender City
SLEEPY EYE
Servicing Lender State
Servicing Lender Zip
56085-4380
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COTTONWOOD
Project State
Project Zip
CD
MN-07
Jobs Reported
4
NAICS Code
111150
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
14497.80
Forgiveness Date
03/01/2021