PPP Loan information for Michael farmer inc

$254,200

Michael farmer inc was initially approved for PPP Loan of amount $254,200, the current approved amount is $254,200. The loan was approved on 04/13/2020 by The United Community Bank reported 14 jobs and $254,200 was used to fund payroll.

Michael farmer inc is Existing or more than 2 years old

MICHAEL FARMER INC

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MICHAEL FARMER INC

Borrower Address

1589 Fulenwider Rd

Borrower City

GAINESVILLE

Borrower State

GA

Borrower Zip

30507

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254200.00

Current Approval Amount

254200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAINESVILLE

Project County Name

HALL

Project State

GA

Project Zip

30507-1700

CD

GA-09

Jobs Reported

14

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

254200.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

255571.98

Forgiveness Date

11/05/2020

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