PPP Loan information for M&r farms

$16,200

M&r farms was initially approved for PPP Loan of amount $16,200, the current approved amount is $16,200. The loan was approved on 05/05/2020 by The Malvern Bank reported 2 jobs and $16,200 was used to fund payroll.

M&r farms is Existing or more than 2 years old

M&R FARMS

Date Approved

05/05/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

M&R FARMS

Borrower Address

502 E 7th St.

Borrower City

MALVERN

Borrower State

IA

Borrower Zip

51551

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16200.00

Current Approval Amount

16200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25210

Servicing Lender Name

Malvern Bank

Servicing Lender Address

404 Main St

Servicing Lender City

MALVERN

Servicing Lender State

IA

Servicing Lender Zip

51551

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MALVERN

Project County Name

MILLS

Project State

IA

Project Zip

51551-0001

CD

IA-04

Jobs Reported

2

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16200.00

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

25210

Originating Lender

Malvern Bank

Originating Lender City

MALVERN

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16335.45

Forgiveness Date

03/11/2021

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