PPP Loan information for Precious acres farm corporation

$8,500

Precious acres farm corporation was initially approved for PPP Loan of amount $9,900, the current approved amount is $8,500. The loan was approved on 04/13/2020 by The Federation Bank reported 1 jobs and $8,500 was used to fund payroll.

Precious acres farm corporation is Existing or more than 2 years old

PRECIOUS ACRES FARM CORPORATION

Date Approved

04/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

PRECIOUS ACRES FARM CORPORATION

Borrower Address

2404 110th St

Borrower City

RICHLAND

Borrower State

IA

Borrower Zip

52585-8002

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9900.00

Current Approval Amount

8500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24616

Servicing Lender Name

Federation Bank

Servicing Lender Address

300 S Iowa Ave

Servicing Lender City

Washington

Servicing Lender State

IA

Servicing Lender Zip

52353

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHLAND

Project County Name

JEFFERSON

Project State

IA

Project Zip

52585-8002

CD

IA-01

Jobs Reported

1

NAICS Code

111110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8500.00

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

24616

Originating Lender

Federation Bank

Originating Lender City

Washington

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8545.64

Forgiveness Date

11/02/2020

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