PPP Loan information for Hermann farms inc.

$82,100

Hermann farms inc. was initially approved for PPP Loan of amount $82,100, the current approved amount is $82,100. The loan was approved on 04/08/2020 by The First Central State Bank reported 8 jobs and $82,100 was used to fund payroll.

Hermann farms inc. is Existing or more than 2 years old

HERMANN FARMS INC.

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

HERMANN FARMS INC.

Borrower Address

1850 Scott Park Road

Borrower City

ELDRIDGE

Borrower State

IA

Borrower Zip

52748-1310

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82100.00

Current Approval Amount

82100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24910

Servicing Lender Name

First Central State Bank

Servicing Lender Address

914 6th Ave

Servicing Lender City

DE WITT

Servicing Lender State

IA

Servicing Lender Zip

52742-1331

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELDRIDGE

Project County Name

SCOTT

Project State

IA

Project Zip

52748-1310

CD

IA-01

Jobs Reported

8

NAICS Code

115113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4100.00

Payroll Proceed

63000.00

Mortgage Interest Proceed

5000.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24910

Originating Lender

First Central State Bank

Originating Lender City

DE WITT

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

82916.50

Forgiveness Date

04/13/2021

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