PPP Loan information for Farmers elevator and exchange, inc.

$335,952

Farmers elevator and exchange, inc. was initially approved for PPP Loan of amount $335,952, the current approved amount is $335,952. The loan was approved on 04/30/2020 by The Mediapolis Savings Bank reported 22 jobs and $335,952 was used to fund payroll.

Farmers elevator and exchange, inc. is Existing or more than 2 years old

PPP Loan Search / IA / Wapello / Farmers elevator and exchange, inc.

FARMERS ELEVATOR AND EXCHANGE, INC.

Date Approved

04/30/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FARMERS ELEVATOR AND EXCHANGE, INC.

Borrower Address

PO Box 65

Borrower City

Wapello

Borrower State

IA

Borrower Zip

52653

Loan Status Date

05/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

335952.00

Current Approval Amount

335952.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25258

Servicing Lender Name

Mediapolis Savings Bank

Servicing Lender Address

605 Main St

Servicing Lender City

MEDIAPOLIS

Servicing Lender State

IA

Servicing Lender Zip

52637

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wapello

Project County Name

LOUISA

Project State

IA

Project Zip

52653-0001

CD

IA-01

Jobs Reported

22

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

335952.00

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

25258

Originating Lender

Mediapolis Savings Bank

Originating Lender City

MEDIAPOLIS

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

337809.07

Forgiveness Date

11/20/2020

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