Hendel Farms
$71,900 PPP Loan in Caledonia, Minnesota
Loan Details
- Loan Number
- 6614657003
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $71,900
- Current Approval
- $90,200
- Forgiveness Amount
- $72,355
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Hendel Farms
- Address
- 14913 Gap Drive
- City
- Caledonia
- State
- Minnesota
- ZIP Code
- 55921-5723
- Business Type
- Partnership
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (112120)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $75,805
- Utilities
- $1,395
- Mortgage Interest
- $13,000
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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