PPP Loan information for Farm chem corporation

$1,102,000

Farm chem corporation was initially approved for PPP Loan of amount $1,102,200, the current approved amount is $1,102,000. The loan was approved on 04/03/2020 by The First Citizens Bank reported 88 jobs and $1,102,000 was used to fund payroll.

Farm chem corporation is Existing or more than 2 years old

PPP Loan Search / IA / FLOYD / Farm chem corporation

FARM CHEM CORPORATION

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARM CHEM CORPORATION

Borrower Address

616 Madison St.

Borrower City

FLOYD

Borrower State

IA

Borrower Zip

50435-0309

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1102200.00

Current Approval Amount

1102000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24732

Servicing Lender Name

First Citizens Bank

Servicing Lender Address

2601 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4650

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLOYD

Project County Name

FLOYD

Project State

IA

Project Zip

50435-0309

CD

IA-02

Jobs Reported

88

NAICS Code

423820

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1102000.00

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

24732

Originating Lender

First Citizens Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1109714.00

Forgiveness Date

12/22/2020

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