PPP Loan information for Midwest farms management, inc.

$227,800

Midwest farms management, inc. was initially approved for PPP Loan of amount $227,800, the current approved amount is $227,800. The loan was approved on 04/04/2020 by The Pioneer Bank reported 32 jobs and $227,800 was used to fund payroll.

Midwest farms management, inc. is New Business or 2 years or less

MIDWEST FARMS MANAGEMENT, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST FARMS MANAGEMENT, INC.

Borrower Address

151 SAINT ANDREWS CT #610

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-6593

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227800.00

Current Approval Amount

227800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38355

Servicing Lender Name

Pioneer Bank

Servicing Lender Address

301 Main St NE

Servicing Lender City

MAPLETON

Servicing Lender State

MN

Servicing Lender Zip

56065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-6593

CD

MN-01

Jobs Reported

32

NAICS Code

115116

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

227800.00

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

38355

Originating Lender

Pioneer Bank

Originating Lender City

MAPLETON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

230824.68

Forgiveness Date

08/05/2021

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