Jax Dairy Farms INC

$221,400 PPP Loan in Adams, Minnesota

Loan Details

Loan Number
5922187001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$221,400
Current Approval
$221,400
Forgiveness Amount
$222,650
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jax Dairy Farms INC
Address
11331 620th Avenue
City
Adams
ZIP Code
55909-8524
Business Type
Subchapter S Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112120)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$191,200
Utilities
$15,200
Mortgage Interest
$15,000

Lender Information

Servicing Lender
United Farmers State Bank
Originating Lender
United Farmers State Bank

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