PPP Loan information for The idea farm inc.

$5,208

The idea farm inc. was initially approved for PPP Loan of amount $5,208, the current approved amount is $5,208. The loan was approved on 03/17/2021 by The Magnifi Financial CU reported 1 jobs and $5,208 was used to fund payroll.

The idea farm inc. is Existing or more than 2 years old

PPP Loan Search / MN / Chanhassen / The idea farm inc.

THE IDEA FARM INC.

Date Approved

03/17/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE IDEA FARM INC.

Borrower Address

2057 Clover Ct

Borrower City

Chanhassen

Borrower State

MN

Borrower Zip

55317-8352

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5208.00

Current Approval Amount

5208.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chanhassen

Project County Name

CARVER

Project State

MN

Project Zip

55317-8352

CD

MN-06

Jobs Reported

1

NAICS Code

611430

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5208.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5238.39

Forgiveness Date

10/25/2021

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