Petro Farms

$164,000 PPP Loan in Gobles, Michigan

Loan Details

Loan Number
5688437103
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$164,000
Current Approval
$164,000
Forgiveness Amount
$165,074
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Petro Farms
Address
3387 102nd Ave
City
Gobles
ZIP Code
49055-8812
Business Type
Partnership
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112120)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$123,000
Rent
$10,250
Utilities
$10,250
Mortgage Interest
$10,250
Debt Interest
$10,250

Lender Information

Servicing Lender
Greenstone Farm Credit Services, Aca
Originating Lender
Greenstone Farm Credit Services, Aca

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