M & B Farms, Llc.
$111,500 PPP Loan in Hector, Minnesota
Loan Details
- Loan Number
- 6669617010
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $111,500
- Current Approval
- $111,500
- Forgiveness Amount
- $112,696
- Forgiveness Date
- May 6, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- M & B Farms, Llc.
- Address
- 44291 Kandi Renville Ln Rd. SE
- City
- Hector
- State
- Minnesota
- ZIP Code
- 55342-3057
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (111191)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $83,625
- Rent
- $13,938
- Utilities
- $13,938
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank & Trust, National Association
Other PPP Loans in Hector, MN
| Business | Approved | |
|---|---|---|
| Loftness Specialized Farm Equipment Inc. | $1,090,768 |  Research |
| Schweiss Distributing Inc. | $629,078 | Research |
| Schweiss Distributing INC | $571,500 | Research |
| Mpjt, LLC | $427,780 | Research |
| Jeff Stamer Farms Partnership | $172,789 | Research |
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