PPP Loan information for Cala farms inc

$170,432

Cala farms inc was initially approved for PPP Loan of amount $170,432, the current approved amount is $170,432. The loan was approved on 04/08/2020 by The People's Bank of Commerce reported 10 jobs and $170,432 was used to fund payroll.

Cala farms inc is Existing or more than 2 years old

CALA FARMS INC

Date Approved

04/08/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

CALA FARMS INC

Borrower Address

29822 GORACKE LN

Borrower City

SHEDD

Borrower State

OR

Borrower Zip

97377-9788

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170432.00

Current Approval Amount

170432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHEDD

Project County Name

LINN

Project State

OR

Project Zip

97377-9788

CD

OR-04

Jobs Reported

10

NAICS Code

111998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

136346.00

Mortgage Interest Proceed

29086.00

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

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

172635.94

Forgiveness Date

08/03/2021

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