Ries Farms LLC
$97,600 PPP Loan in Hastings, Minnesota
Loan Details
- Loan Number
- 4749357005
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $97,600
- Current Approval
- $117,500
- Forgiveness Amount
- $118,159
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ries Farms LLC
- Address
- 17205 230th St E
- City
- Hastings
- State
- Minnesota
- ZIP Code
- 55033-8746
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (111150)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 9
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $88,500
- Health Care
- $14,500
- Mortgage Interest
- $7,500
- Debt Interest
- $7,000
Lender Information
- Servicing Lender
- Premier Bank Minnesota
- Originating Lender
- Premier Bank Minnesota
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