Penn Avenue Farms, Inc.

$107,800 PPP Loan in Atalissa, Iowa

Loan Details

Loan Number
3132527210
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$107,800
Current Approval
$107,800
Forgiveness Amount
$108,388
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Penn Avenue Farms, Inc.
Address
1204 Penn Avenue
State
Iowa
ZIP Code
52720-9762
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$80,850
Utilities
$6,950
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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