PPP Loan information for Farmers elevator & exchange inc

$234,780

Farmers elevator & exchange inc was initially approved for PPP Loan of amount $234,780, the current approved amount is $234,780. The loan was approved on 01/28/2021 by The Mediapolis Savings Bank reported 24 jobs and $234,780 was used to fund payroll.

Farmers elevator & exchange inc is Existing or more than 2 years old

PPP Loan Search / IA / Wapello / Farmers elevator & exchange inc

FARMERS ELEVATOR & EXCHANGE INC

Date Approved

01/28/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

FARMERS ELEVATOR & EXCHANGE INC

Borrower Address

105 Highway 61 N

Borrower City

Wapello

Borrower State

IA

Borrower Zip

52653-1337

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

234780.00

Current Approval Amount

234780.00

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

52653-1337

CD

IA-01

Jobs Reported

24

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

234777.00

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

235629.07

Forgiveness Date

06/15/2021

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