Reeck Farm LLC

$138,300 PPP Loan in Paynesville, Minnesota

Loan Details

Loan Number
5602327007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$138,300
Current Approval
$162,600
Forgiveness Amount
$164,297
Forgiveness Date
Apr 27, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reeck Farm LLC
Address
29949 230th St
ZIP Code
56362-9381
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112120)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$137,500
Rent
$10,000
Utilities
$8,100
Mortgage Interest
$7,000

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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