PPP Loan information for Mac farms inc

$61,000

Mac farms inc was initially approved for PPP Loan of amount $61,000, the current approved amount is $61,000. The loan was approved on 06/25/2020 by The Pilot Grove Savings Bank reported 4 jobs and $61,000 was used to fund payroll.

Mac farms inc is Existing or more than 2 years old

MAC FARMS INC

Date Approved

06/25/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MAC FARMS INC

Borrower Address

1880 MARSH AVE

Borrower City

MOUNT PLEASANT

Borrower State

IA

Borrower Zip

52641-8568

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61000.00

Current Approval Amount

61000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25378

Servicing Lender Name

Pilot Grove Savings Bank

Servicing Lender Address

1341 Pilot Grove Rd

Servicing Lender City

PILOT GROVE

Servicing Lender State

IA

Servicing Lender Zip

52648-5000

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

HENRY

Project State

IA

Project Zip

52641-8568

CD

IA-01

Jobs Reported

4

NAICS Code

111150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61000.00

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

Corporation

Originating Lender Location Id

25378

Originating Lender

Pilot Grove Savings Bank

Originating Lender City

PILOT GROVE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

61403.28

Forgiveness Date

02/19/2021

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