PPP Loan information for 1885 farms, inc

$14,380

1885 farms, inc was initially approved for PPP Loan of amount $14,380, the current approved amount is $14,380. The loan was approved on 04/29/2020 by The SouthPoint Financial CU reported 4 jobs and $14,380 was used to fund payroll.

1885 farms, inc is Existing or more than 2 years old

1885 FARMS, INC

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

14380.00

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

MN

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

LAMBERTON

Project County Name

COTTONWOOD

Project State

MN

Project Zip

56152-2092

CD

MN-07

Jobs Reported

4

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

14380.00

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

99853

Originating Lender

SouthPoint Financial CU

Originating Lender City

SLEEPY EYE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

14497.80

Forgiveness Date

03/01/2021

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