PPP Loan information for Petersen farm equipment inc

$20,600

Petersen farm equipment inc was initially approved for PPP Loan of amount $20,600, the current approved amount is $20,600. The loan was approved on 02/02/2021 by The Iowa State Bank reported 2 jobs and $20,600 was used to fund payroll.

Petersen farm equipment inc is Existing or more than 2 years old

PPP Loan Search / IA / Ruthven / Petersen farm equipment inc

PETERSEN FARM EQUIPMENT INC

Date Approved

02/02/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

PETERSEN FARM EQUIPMENT INC

Borrower Address

1102 West St

Borrower City

Ruthven

Borrower State

IA

Borrower Zip

51358-8582

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20600.00

Current Approval Amount

20600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24540

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

5 E Call St

Servicing Lender City

ALGONA

Servicing Lender State

IA

Servicing Lender Zip

50511-2402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ruthven

Project County Name

PALO ALTO

Project State

IA

Project Zip

51358-8582

CD

IA-04

Jobs Reported

2

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20597.00

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

Corporation

Originating Lender Location Id

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20674.96

Forgiveness Date

06/15/2021

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