FARMERS CHOICE LLC (ND) - 2020 PPP Loan Borrower Profile (# 9509298403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FARMERS CHOICE LLC. 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

9509298403

SBA Office Code

0875

Processing Method

PPS

Curent Loan Amount

$33,257.5

Date Loan was Approved

Feb 17, 2021

Amount Forgiven

$33,363.2

Date Loan was Forgiven

Jun 15, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

33,255.5

Lender

Peoples State Bank of Velva

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

541690

Borrower Location

Coleharbor, ND

Project Location

Coleharbor, 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.