PPP Loan information for Merschman fertilizer, llc

$341,652

Merschman fertilizer, llc was initially approved for PPP Loan of amount $341,652, the current approved amount is $341,652. The loan was approved on 04/06/2020 by The Lee County Bank reported 20 jobs and $341,652 was used to fund payroll.

Merschman fertilizer, llc is Existing or more than 2 years old

PPP Loan Search / IA / WEST POINT / Merschman fertilizer, llc

MERSCHMAN FERTILIZER, LLC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MERSCHMAN FERTILIZER, LLC

Borrower Address

103 Ave D

Borrower City

WEST POINT

Borrower State

IA

Borrower Zip

52656-9446

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

341651.52

Current Approval Amount

341651.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25016

Servicing Lender Name

Lee County Bank

Servicing Lender Address

801 Ave 'F'

Servicing Lender City

FORT MADISON

Servicing Lender State

IA

Servicing Lender Zip

52627

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST POINT

Project County Name

LEE

Project State

IA

Project Zip

52656-9446

CD

IA-01

Jobs Reported

20

NAICS Code

325314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

68330.31

Payroll Proceed

273321.21

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

Limited Liability Company(LLC)

Originating Lender Location Id

25016

Originating Lender

Lee County Bank

Originating Lender City

FORT MADISON

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

343523.58

Forgiveness Date

11/03/2020

;