PPP Loan information for The idea farm, inc.

$5,200

The idea farm, inc. was initially approved for PPP Loan of amount $5,200, the current approved amount is $5,200. The loan was approved on 06/29/2020 by The Magnifi Financial CU reported 1 jobs and $5,200 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

06/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE IDEA FARM, INC.

Borrower Address

2057 Clover Court

Borrower City

Chanhassen

Borrower State

MN

Borrower Zip

55317

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5200.00

Current Approval Amount

5200.00

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

55317-0001

CD

MN-06

Jobs Reported

1

NAICS Code

611430

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5200.00

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

5248.01

Forgiveness Date

06/04/2021

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