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Boerm Farms Inc.

$29,000 PPP Loan in Traer, Iowa

Loan Details

Loan Number
4655187001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$29,000
Current Approval
$29,000
Forgiveness Amount
$29,164
Forgiveness Date
Nov 2, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Boerm Farms Inc.
Address
305 Iowana St
City
Traer
State
Iowa
ZIP Code
50675-1410
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111150)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$23,204
Rent
$5,596
Utilities
$200

Lender Information

Servicing Lender
Farmers Savings Bank & Trust
Originating Lender
Farmers Savings Bank & Trust

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