PPP Loan information for Steimel farms

$54,196

Steimel farms was initially approved for PPP Loan of amount $54,196, the current approved amount is $54,196. The loan was approved on 04/02/2021 by The The Farmers & Merchants Bank reported 8 jobs and $54,196 was used to fund payroll.

Steimel farms is Existing or more than 2 years old

STEIMEL FARMS

Date Approved

04/02/2021

SBA Office Code

0669

Processing Method

PPP

Borrower Name

STEIMEL FARMS

Borrower Address

425 Clover Rd

Borrower City

Pocahontas

Borrower State

AR

Borrower Zip

72455-8452

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54196.00

Current Approval Amount

54196.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4784

Servicing Lender Name

The Farmers & Merchants Bank

Servicing Lender Address

708 S Main St

Servicing Lender City

STUTTGART

Servicing Lender State

AR

Servicing Lender Zip

72160-4806

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pocahontas

Project County Name

RANDOLPH

Project State

AR

Project Zip

72455-8452

CD

AR-01

Jobs Reported

8

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

54192.00

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

4784

Originating Lender

The Farmers & Merchants Bank

Originating Lender City

STUTTGART

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54484.06

Forgiveness Date

10/20/2021

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