PPP Loan information for Farmers equipment inc

$486,453

Farmers equipment inc was initially approved for PPP Loan of amount $486,453, the current approved amount is $486,453. The loan was approved on 04/09/2020 by The The Park National Bank reported 43 jobs and $486,453 was used to fund payroll.

Farmers equipment inc is Existing or more than 2 years old

PPP Loan Search / OH / URBANA / Farmers equipment inc

FARMERS EQUIPMENT INC

Date Approved

04/09/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

FARMERS EQUIPMENT INC

Borrower Address

1749 EAST U.S. ROUTE 36

Borrower City

URBANA

Borrower State

OH

Borrower Zip

43078

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486452.50

Current Approval Amount

486452.50

Undisbursed Amount

0.00

Franchise Name

Case HI Agriculture - Agricultural Equipment Sales & Service Agreement

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

URBANA

Project County Name

CHAMPAIGN

Project State

OH

Project Zip

43078-0001

CD

OH-04

Jobs Reported

43

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

413599.20

Mortgage Interest Proceed

4000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

63853.30

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

489504.49

Forgiveness Date

12/09/2020

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