V&m Farms Trucking

$126,707 PPP Loan in Rudd, Iowa

Loan Details

Loan Number
7387667010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$126,707
Current Approval
$126,707
Forgiveness Amount
$127,559
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
V&m Farms Trucking
Address
1225 Glass Ave
City
Rudd
State
Iowa
ZIP Code
50471-8064
Business Type
Sole Proprietorship
Industry (NAICS)
Transportation and Warehousing (484110)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$101,366
Rent
$4,000
Utilities
$1,000
Debt Interest
$20,341

Lender Information

Servicing Lender
First Security Bank & Trust Company
Originating Lender
First Security Bank & Trust Company

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