PPP Loan information for Madison farmers elevator

$226,700

Madison farmers elevator was initially approved for PPP Loan of amount $226,700, the current approved amount is $226,700. The loan was approved on 02/19/2021 by The First Bank & Trust reported 12 jobs and $226,700 was used to fund payroll.

Madison farmers elevator is Existing or more than 2 years old

MADISON FARMERS ELEVATOR

Date Approved

02/19/2021

SBA Office Code

0876

Processing Method

PPS

Borrower Name

MADISON FARMERS ELEVATOR

Borrower Address

119 N. Farmer Ave

Borrower City

MADISON

Borrower State

SD

Borrower Zip

57042

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

226700.00

Current Approval Amount

226700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

LAKE

Project State

SD

Project Zip

57042

CD

SD-

Jobs Reported

12

NAICS Code

493130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

226700.00

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

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227946.85

Forgiveness Date

09/09/2021

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