PPP Loan information for Moechnig farm

$31,360

Moechnig farm was initially approved for PPP Loan of amount $31,360, the current approved amount is $31,360. The loan was approved on 03/20/2021 by The Lake City Federal Bank reported 5 jobs and $31,360 was used to fund payroll.

Moechnig farm is Existing or more than 2 years old

PPP Loan Search / MN / Lake City / Moechnig farm

MOECHNIG FARM

Date Approved

03/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MOECHNIG FARM

Borrower Address

65409 287th Ave

Borrower City

Lake City

Borrower State

MN

Borrower Zip

55041-3709

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31360.00

Current Approval Amount

31360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81265

Servicing Lender Name

Lake City Federal Bank

Servicing Lender Address

201 E Marion St

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1000

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake City

Project County Name

WABASHA

Project State

MN

Project Zip

55041-3709

CD

MN-01

Jobs Reported

5

NAICS Code

112120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31360.00

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

Partnership

Originating Lender Location Id

81265

Originating Lender

Lake City Federal Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31519.41

Forgiveness Date

09/24/2021

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