PPP Loan information for Farm equipment sales

$20,800

Farm equipment sales was initially approved for PPP Loan of amount $47,400, the current approved amount is $20,800. The loan was approved on 05/08/2020 by The First State Bank reported 1 jobs and $20,800 was used to fund payroll.

Farm equipment sales is Existing or more than 2 years old

PPP Loan Search / IA / WALL LAKE / Farm equipment sales

FARM EQUIPMENT SALES

Date Approved

05/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FARM EQUIPMENT SALES

Borrower Address

3919 LEE AVE

Borrower City

WALL LAKE

Borrower State

IA

Borrower Zip

51466-7555

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47400.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25569

Servicing Lender Name

First State Bank

Servicing Lender Address

505 Second St

Servicing Lender City

WEBSTER CITY

Servicing Lender State

IA

Servicing Lender Zip

50595-1507

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALL LAKE

Project County Name

SAC

Project State

IA

Project Zip

51466-7555

CD

IA-04

Jobs Reported

1

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20800.00

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

Sole Proprietorship

Originating Lender Location Id

25569

Originating Lender

First State Bank

Originating Lender City

WEBSTER CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20950.44

Forgiveness Date

02/02/2021

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