PPP Loan information for Bb farms, inc

$16,000

Bb farms, inc was initially approved for PPP Loan of amount $16,000, the current approved amount is $16,000. The loan was approved on 05/11/2020 by The Farmers State Bank reported 2 jobs and $16,000 was used to fund payroll.

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

PPP Loan Search / IA / ALGONA / Bb farms, inc

BB FARMS, INC

Date Approved

05/11/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BB FARMS, INC

Borrower Address

1909 90th Avenue

Borrower City

ALGONA

Borrower State

IA

Borrower Zip

50511

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16000.00

Current Approval Amount

16000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25608

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

501 E State St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2837

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALGONA

Project County Name

KOSSUTH

Project State

IA

Project Zip

50511-0001

CD

IA-04

Jobs Reported

2

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16000.00

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

Subchapter S Corporation

Originating Lender Location Id

25608

Originating Lender

Farmers State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16196.00

Forgiveness Date

07/29/2021

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