3-B FARMS (TX) - 2020 PPP Loan Borrower Profile (# 7514937306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 3-B 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 Texas.

Loan Detail

Loan Number

7514937306

SBA Office Code

0678

Processing Method

PPP

Curent Loan Amount

$254,000

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$255,788.44

Date Loan was Forgiven

Jan 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

190,500

Mortgage Interest Proceed

63,500

Lender

First Bank and Trust, A Division of HTLF Bank

Business Detail

Business Type

Partnership

NAICS

111998

Borrower Location

DALHART, TX

Project Location

DALHART, TX

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.