PPP Loan information for Schumacher farms

$41,100

Schumacher farms was initially approved for PPP Loan of amount $41,100, the current approved amount is $41,100. The loan was approved on 04/14/2020 by The First State Bank reported 3 jobs and $41,100 was used to fund payroll.

Schumacher farms is Existing or more than 2 years old

SCHUMACHER FARMS

Date Approved

04/14/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SCHUMACHER FARMS

Borrower Address

292 14TH ST NE

Borrower City

REYNOLDS

Borrower State

ND

Borrower Zip

58275-9453

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41100.00

Current Approval Amount

41100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52691

Servicing Lender Name

First State Bank

Servicing Lender Address

423 Broadway

Servicing Lender City

BUXTON

Servicing Lender State

ND

Servicing Lender Zip

58218

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REYNOLDS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58275-9453

CD

ND-

Jobs Reported

3

NAICS Code

115116

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41100.00

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

52691

Originating Lender

First State Bank

Originating Lender City

BUXTON

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41367.15

Forgiveness Date

12/07/2020

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