Schafer Farms of Goodhue INC

$176,685 PPP Loan in Goodhue, Minnesota

Loan Details

Loan Number
3054637103
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$176,685
Current Approval
$176,685
Forgiveness Amount
$178,942
Forgiveness Date
Aug 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Schafer Farms of Goodhue INC
Address
35569 240th Avenue
ZIP Code
55027-8158
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112210)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$141,348
Rent
$11,779
Utilities
$11,779
Mortgage Interest
$11,779

Lender Information

Servicing Lender
Compeer Financial, Aca
Originating Lender
Compeer Financial, Aca

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