PPP Loan information for Morelock farms

$20,700

Morelock farms was initially approved for PPP Loan of amount $20,700, the current approved amount is $20,700. The loan was approved on 05/01/2020 by The The First National Bank in Creston reported 1 jobs and $20,700 was used to fund payroll.

Morelock farms is Existing or more than 2 years old

PPP Loan Search / IA / FARRAGUT / Morelock farms

MORELOCK FARMS

Date Approved

05/01/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MORELOCK FARMS

Borrower Address

1554 360TH AVE

Borrower City

FARRAGUT

Borrower State

IA

Borrower Zip

51639-5018

Loan Status Date

11/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20700.00

Current Approval Amount

20700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24817

Servicing Lender Name

The First National Bank in Creston

Servicing Lender Address

101 W Adams St

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARRAGUT

Project County Name

FREMONT

Project State

IA

Project Zip

51639-5018

CD

IA-04

Jobs Reported

1

NAICS Code

111150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

700.00

Payroll Proceed

20000.00

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

Sole Proprietorship

Originating Lender Location Id

24817

Originating Lender

The First National Bank in Creston

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20790.28

Forgiveness Date

10/13/2020

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