DAWSON FARMS (ND) - 2020 PPP Loan Borrower Profile (# 5038407005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DAWSON FARMS. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Dakota.

Loan Detail

Loan Number

5038407005

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$258,750

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$261,078.75

Date Loan was Forgiven

Mar 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

49,000

Payroll Proced

207,150

Rent Proceed

2,600

Lender

VISIONBank

Business Detail

Business Type

Partnership

NAICS

111211

Borrower Location

DAWSON, ND

Project Location

DAWSON, ND

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.