PPP Loan information for Produce processors, llc

$325,000

Produce processors, llc was initially approved for PPP Loan of amount $325,000, the current approved amount is $325,000. The loan was approved on 04/06/2020 by The Summit CU reported 30 jobs and $325,000 was used to fund payroll.

Produce processors, llc is Existing or more than 2 years old

PRODUCE PROCESSORS, LLC

Date Approved

04/06/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PRODUCE PROCESSORS, LLC

Borrower Address

4940 HAYES AVE

Borrower City

PLOVER

Borrower State

WI

Borrower Zip

54467-9534

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

Current Approval Amount

325000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PLOVER

Project County Name

PORTAGE

Project State

WI

Project Zip

54467-9534

CD

WI-03

Jobs Reported

30

NAICS Code

311119

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

325000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326816.44

Forgiveness Date

11/05/2020

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