FAUL FARMS (ND) - 2020 PPP Loan Borrower Profile (# 5087628407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FAUL 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

5087628407

SBA Office Code

0875

Processing Method

PPS

Curent Loan Amount

$26,500

Date Loan was Approved

Feb 7, 2021

Amount Forgiven

$26,613.36

Date Loan was Forgiven

Jul 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

26,500

Lender

First International Bank & Trust

Business Detail

Business Type

Partnership

NAICS

111110

Borrower Location

Martin, ND

Project Location

Martin, ND

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.