PPP Loan information for Adams family farm

$117,500

Adams family farm was initially approved for PPP Loan of amount $120,525, the current approved amount is $117,500. The loan was approved on 04/08/2020 by The Frandsen Bank & Trust reported 69 jobs and $117,500 was used to fund payroll.

Adams family farm is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / Adams family farm

ADAMS FAMILY FARM

Date Approved

04/08/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ADAMS FAMILY FARM

Borrower Address

901 62nd Ave SE

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-8354

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120525.00

Current Approval Amount

117500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-8354

CD

ND-

Jobs Reported

69

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12052.00

Payroll Proceed

90394.00

Mortgage Interest Proceed

0.00

Rent Proceed

15054.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112205.66

Forgiveness Date

12/07/2020

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