Backman Seeds, Inc.

$58,500 PPP Loan in Herman, Minnesota

Loan Details

Loan Number
7860687001
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$58,500
Current Approval
$58,500
Forgiveness Amount
$58,880
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Backman Seeds, Inc.
Address
13045 310th Ave
City
Herman
ZIP Code
56248-2093
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$58,500

Lender Information

Servicing Lender
Glenwood State Bank Incorporated
Originating Lender
Glenwood State Bank Incorporated

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