PPP Loan information for Penn avenue farms, inc.

$107,800

Penn avenue farms, inc. was initially approved for PPP Loan of amount $107,800, the current approved amount is $107,800. The loan was approved on 04/16/2020 by The Farmers & Merchants Savings Bank reported 11 jobs and $107,800 was used to fund payroll.

Penn avenue farms, inc. is Existing or more than 2 years old

PPP Loan Search / IA / ATALISSA / Penn avenue farms, inc.

PENN AVENUE FARMS, INC.

Date Approved

04/16/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PENN AVENUE FARMS, INC.

Borrower Address

1204 PENN AVENUE

Borrower City

ATALISSA

Borrower State

IA

Borrower Zip

52720-9762

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107800.00

Current Approval Amount

107800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25202

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

2235 Mormon Trek Blvd

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52246-4436

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATALISSA

Project County Name

MUSCATINE

Project State

IA

Project Zip

52720-9762

CD

IA-01

Jobs Reported

11

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6950.00

Payroll Proceed

80850.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25202

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108387.73

Forgiveness Date

11/03/2020

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