PPP Loan information for Ries farms inc

$28,100

Ries farms inc was initially approved for PPP Loan of amount $28,100, the current approved amount is $28,100. The loan was approved on 04/27/2020 by The The First National Bank of Carmi reported 6 jobs and $28,100 was used to fund payroll.

Ries farms inc is Existing or more than 2 years old

PPP Loan Search / IN / MOUNT VERNON / Ries farms inc

RIES FARMS INC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RIES FARMS INC

Borrower Address

9313 RIES RD

Borrower City

MOUNT VERNON

Borrower State

IN

Borrower Zip

47620-8879

Loan Status Date

11/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28100.00

Current Approval Amount

28100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20416

Servicing Lender Name

The First National Bank of Carmi

Servicing Lender Address

201 E Main St

Servicing Lender City

CARMI

Servicing Lender State

IL

Servicing Lender Zip

62821-1841

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

POSEY

Project State

IN

Project Zip

47620-8879

CD

IN-08

Jobs Reported

6

NAICS Code

111191

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2810.00

Payroll Proceed

22480.00

Mortgage Interest Proceed

2810.00

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

20416

Originating Lender

The First National Bank of Carmi

Originating Lender City

CARMI

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28227.23

Forgiveness Date

10/13/2020

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