PPP Loan information for Boerm farms inc.

$30,621

Boerm farms inc. was initially approved for PPP Loan of amount $30,621, the current approved amount is $30,621. The loan was approved on 01/23/2021 by The Farmers Savings Bank & Trust reported 7 jobs and $30,621 was used to fund payroll.

Boerm farms inc. is Existing or more than 2 years old

PPP Loan Search / IA / Traer / Boerm farms inc.

BOERM FARMS INC.

Date Approved

01/23/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

BOERM FARMS INC.

Borrower Address

305 Iowana St

Borrower City

Traer

Borrower State

IA

Borrower Zip

50675-1410

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30621.00

Current Approval Amount

30621.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25540

Servicing Lender Name

Farmers Savings Bank & Trust

Servicing Lender Address

611 Second St

Servicing Lender City

TRAER

Servicing Lender State

IA

Servicing Lender Zip

50675-1230

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traer

Project County Name

TAMA

Project State

IA

Project Zip

50675-1410

CD

IA-02

Jobs Reported

7

NAICS Code

111150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

30616.00

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

25540

Originating Lender

Farmers Savings Bank & Trust

Originating Lender City

TRAER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30899.99

Forgiveness Date

12/23/2021

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