A & C Farm Service, INC

$300,700 PPP Loan in Paynesville, Minnesota

Loan Details

Loan Number
7646927000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$300,700
Current Approval
$300,700
Forgiveness Amount
$304,448
Forgiveness Date
Jul 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
A & C Farm Service, INC
Address
412 Business 23 South
ZIP Code
56362-4652
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.7M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$276,400
Utilities
$3,000
Mortgage Interest
$21,300

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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