PPP Loan information for Hermansdale farm

$102,750

Hermansdale farm was initially approved for PPP Loan of amount $102,750, the current approved amount is $102,750. The loan was approved on 04/14/2020 by The First United Bank reported 7 jobs and $102,750 was used to fund payroll.

Hermansdale farm is Existing or more than 2 years old

HERMANSDALE FARM

Date Approved

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

HERMANSDALE FARM

Borrower Address

5475 Hwy 281

Borrower City

Brinsmade

Borrower State

ND

Borrower Zip

58351

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102750.00

Current Approval Amount

102750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52926

Servicing Lender Name

First United Bank

Servicing Lender Address

503 Briggs Ave South

Servicing Lender City

PARK RIVER

Servicing Lender State

ND

Servicing Lender Zip

58270

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brinsmade

Project County Name

BENSON

Project State

ND

Project Zip

58351-0001

CD

ND-

Jobs Reported

7

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

102750.00

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

Partnership

Originating Lender Location Id

52926

Originating Lender

First United Bank

Originating Lender City

PARK RIVER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103498.81

Forgiveness Date

01/07/2021

;