PPP Loan information for Boerm farms inc.

$29,000

Boerm farms inc. was initially approved for PPP Loan of amount $29,000, the current approved amount is $29,000. The loan was approved on 04/04/2020 by The Farmers Savings Bank & Trust reported 7 jobs and $29,000 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

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

BOERM FARMS INC.

Borrower Address

305 Iowana St

Borrower City

TRAER

Borrower State

IA

Borrower Zip

50675-1410

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29000.00

Current Approval Amount

29000.00

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

200.00

Payroll Proceed

23204.00

Mortgage Interest Proceed

0.00

Rent Proceed

5596.00

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

29164.33

Forgiveness Date

11/02/2020

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