PPP Loan information for Agri drain corp.

$446,200

Agri drain corp. was initially approved for PPP Loan of amount $446,200, the current approved amount is $446,200. The loan was approved on 04/04/2020 by The Northwest Bank reported 41 jobs and $446,200 was used to fund payroll.

Agri drain corp. is Existing or more than 2 years old

PPP Loan Search / IA / ADAIR / Agri drain corp.

AGRI DRAIN CORP.

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

AGRI DRAIN CORP.

Borrower Address

1462 340th St PO Box 458

Borrower City

ADAIR

Borrower State

IA

Borrower Zip

50002-8578

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

446200.00

Current Approval Amount

446200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADAIR

Project County Name

ADAIR

Project State

IA

Project Zip

50002-8578

CD

IA-03

Jobs Reported

41

NAICS Code

332911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8256.00

Payroll Proceed

365180.72

Mortgage Interest Proceed

0.00

Rent Proceed

30537.00

Refinance EIDL Proceed

0.00

Health Care Proceed

42226.28

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

449893.54

Forgiveness Date

02/09/2021

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