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Farm Rite Equipment INC

$233,800 PPP Loan in Dassel, Minnesota

Loan Details

Loan Number
5859237010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$233,800
Current Approval
$233,800
Forgiveness Amount
$235,741
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Farm Rite Equipment INC
Address
901 Parker Ave W
City
Dassel
State
Minnesota
ZIP Code
55325-1055
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$233,800

Lender Information

Servicing Lender
Falcon National Bank
Originating Lender
Falcon National Bank

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