PPP Loan information for Sarchet farms inc.

$39,182

Sarchet farms inc. was initially approved for PPP Loan of amount $39,182, the current approved amount is $39,182. The loan was approved on 02/03/2021 by The First Community Bank reported 7 jobs and $39,182 was used to fund payroll.

Sarchet farms inc. is Existing or more than 2 years old

SARCHET FARMS INC.

Date Approved

02/03/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SARCHET FARMS INC.

Borrower Address

494 Hawkeye Ct

Borrower City

Newell

Borrower State

IA

Borrower Zip

50568-5071

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39182.00

Current Approval Amount

39182.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25304

Servicing Lender Name

First Community Bank

Servicing Lender Address

119 S Fulton

Servicing Lender City

NEWELL

Servicing Lender State

IA

Servicing Lender Zip

50568-5022

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newell

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50568-5071

CD

IA-04

Jobs Reported

7

NAICS Code

111150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39176.00

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

Subchapter S Corporation

Originating Lender Location Id

25304

Originating Lender

First Community Bank

Originating Lender City

NEWELL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39347.44

Forgiveness Date

07/08/2021

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