Schumacher Farms of Elgin, Inc.

$257,500 PPP Loan in Elgin, Minnesota

Loan Details

Loan Number
6322037003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$257,500
Current Approval
$257,500
Forgiveness Amount
$259,228
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Schumacher Farms of Elgin, Inc.
Address
29950 Hwy 247
City
Elgin
ZIP Code
55932
Business Type
Corporation
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112120)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$257,500

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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