PPP Loan information for Raccoon valley farms

$54,928

Raccoon valley farms was initially approved for PPP Loan of amount $54,928, the current approved amount is $54,928. The loan was approved on 01/19/2021 by The Iowa State Bank reported 3 jobs and $54,928 was used to fund payroll.

Raccoon valley farms is Existing or more than 2 years old

RACCOON VALLEY FARMS

Date Approved

01/19/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

RACCOON VALLEY FARMS

Borrower Address

29997 255th St

Borrower City

Glidden

Borrower State

IA

Borrower Zip

51443-8800

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54928.00

Current Approval Amount

54928.00

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

Glidden

Project County Name

CARROLL

Project State

IA

Project Zip

51443-8800

CD

IA-04

Jobs Reported

3

NAICS Code

111199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54926.00

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

24540

Originating Lender

Iowa State Bank

Originating Lender City

ALGONA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55146.19

Forgiveness Date

06/15/2021

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