PPP Loan information for Franzen brothers farm

$26,684

Franzen brothers farm was initially approved for PPP Loan of amount $26,684, the current approved amount is $26,684. The loan was approved on 05/01/2020 by The Bank 1st reported 2 jobs and $26,684 was used to fund payroll.

Franzen brothers farm is Existing or more than 2 years old

PPP Loan Search / IA / Waucoma / Franzen brothers farm

FRANZEN BROTHERS FARM

Date Approved

05/01/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

FRANZEN BROTHERS FARM

Borrower Address

28227 Spruce Rd

Borrower City

Waucoma

Borrower State

IA

Borrower Zip

52171

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26683.55

Current Approval Amount

26683.55

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25600

Servicing Lender Name

Bank 1st

Servicing Lender Address

115 N Vine St

Servicing Lender City

WEST UNION

Servicing Lender State

IA

Servicing Lender Zip

52175

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waucoma

Project County Name

FAYETTE

Project State

IA

Project Zip

52171-0001

CD

IA-02

Jobs Reported

2

NAICS Code

112111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1259.00

Payroll Proceed

19704.77

Mortgage Interest Proceed

5719.78

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

25600

Originating Lender

Bank 1st

Originating Lender City

WEST UNION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

26819.53

Forgiveness Date

11/05/2020

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