Mgp Farms, LLC

$42,700 PPP Loan in Spencer, Iowa

Loan Details

Loan Number
8465677003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$42,700
Current Approval
$63,500
Forgiveness Amount
$64,223
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mgp Farms, LLC
Address
3580 270th Ave
State
Iowa
ZIP Code
51301-7592
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (111150)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$52,825
Mortgage Interest
$10,675

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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