Summit Farms, L.l.c.

$1,112,780 PPP Loan in Alden, Iowa

Loan Details

Loan Number
5568247002
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,112,780
Current Approval
$1,112,780
Forgiveness Amount
$1,119,209
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Summit Farms, L.l.c.
Address
10640 County Highway D20
City
Alden
State
Iowa
ZIP Code
50006-4814
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (115116)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Utilities
$222,556
Health Care
$85,052
Mortgage Interest
$805,172

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

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