Farmers Equipment INC

$486,453 PPP Loan in Urbana, Ohio

Loan Details

Loan Number
9162557010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$486,453
Current Approval
$486,453
Forgiveness Amount
$489,504
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Farmers Equipment INC
Address
1749 East U.s. Route 36
City
Urbana
State
Ohio
ZIP Code
43078
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423820)
Franchise
Case Hi Agriculture - Agricultural Equipment Sales & Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$13.2M
Rural/Urban
Rural
Congressional District
OH-04

Loan Use Breakdown

Payroll
$413,599
Utilities
$5,000
Health Care
$63,853
Mortgage Interest
$4,000

Lender Information

Servicing Lender
The Park National Bank
Originating Lender
The Park National Bank

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