PPP Loan information for Salix farms, llp

$281,500

Salix farms, llp was initially approved for PPP Loan of amount $281,500, the current approved amount is $281,500. The loan was approved on 04/06/2020 by The Raccoon Valley Bank reported 30 jobs and $281,500 was used to fund payroll.

Salix farms, llp is New Business or 2 years or less

SALIX FARMS, LLP

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SALIX FARMS, LLP

Borrower Address

2818 Eastland Ave

Borrower City

SALIX

Borrower State

IA

Borrower Zip

51052-8100

Loan Status Date

06/23/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

281500.00

Current Approval Amount

281500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SALIX

Project County Name

WOODBURY

Project State

IA

Project Zip

51052-8100

CD

IA-04

Jobs Reported

30

NAICS Code

112120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

281500.00

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 Partnership

Originating Lender Location Id

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

284651.24

Forgiveness Date

05/26/2021

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