PPP Loan information for Fabers farm equipment

$203,000

Fabers farm equipment was initially approved for PPP Loan of amount $203,000, the current approved amount is $203,000. The loan was approved on 04/05/2020 by The Premier Bank reported 22 jobs and $203,000 was used to fund payroll.

Fabers farm equipment is Existing or more than 2 years old

FABERS FARM EQUIPMENT

Date Approved

04/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FABERS FARM EQUIPMENT

Borrower Address

1809 240th St.

Borrower City

INWOOD

Borrower State

IA

Borrower Zip

51240-7841

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

203000.00

Current Approval Amount

203000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121393

Servicing Lender Name

Premier Bank

Servicing Lender Address

1004 21st Ave

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1446

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INWOOD

Project County Name

LYON

Project State

IA

Project Zip

51240-7841

CD

IA-04

Jobs Reported

22

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

203000.00

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

121393

Originating Lender

Premier Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194088.31

Forgiveness Date

11/03/2020

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