PPP Loan information for Jacobsen farm inc

$7,000

Jacobsen farm inc was initially approved for PPP Loan of amount $7,000, the current approved amount is $7,000. The loan was approved on 04/28/2020 by The First National Bank reported 2 jobs and $7,000 was used to fund payroll.

Jacobsen farm inc is Existing or more than 2 years old

JACOBSEN FARM INC

Date Approved

04/28/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

JACOBSEN FARM INC

Borrower Address

19938 446th Ave

Borrower City

Lake Preston

Borrower State

SD

Borrower Zip

57245

Loan Status Date

11/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7000.00

Current Approval Amount

7000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66562

Servicing Lender Name

First National Bank

Servicing Lender Address

307 Hustan Ave

Servicing Lender City

FORT PIERRE

Servicing Lender State

SD

Servicing Lender Zip

57532-5201

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Preston

Project County Name

CODINGTON

Project State

SD

Project Zip

57245-0001

CD

SD-

Jobs Reported

2

NAICS Code

111150

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7000.00

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

Subchapter S Corporation

Originating Lender Location Id

66562

Originating Lender

First National Bank

Originating Lender City

FORT PIERRE

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

7031.11

Forgiveness Date

10/08/2020

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