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  5. KarMar Farms, Ltd.

KarMar Farms, Ltd.

Company Details

Name: KarMar Farms, Ltd.
Jurisdiction: Minnesota
Legal type: Business Corporation (Domestic)
Status: Active / In Good Standing
Date formed: 25 Mar 1987 (38 years ago)
Company Number: bf588771-b3d4-e011-a886-001ec94ffe7f
File Number: 5N-209
Registered Office Address: 460 21st Str, Hills, MN 56138, USA
Principal Executive Office Address: 460 21ST ST, HILLS, MN 56138–4009, USA
ZIP code: 56138
County: Rock County
Place of Formation: Minnesota

Unique Entity ID

Unique Entity ID Expiration Date Physical Address Mailing Address
JRDVCNGSTS77 2024-11-20 460 21ST ST, HILLS, MN, 56138, 4009, USA 460 21ST ST, HILLS, MN, 56138, 4009, USA

Business Information
Doing Business As KARMAR FARMS LTD
Congressional District 01
State/Country of Incorporation MN, USA
Activation Date 2023-11-23
Initial Registration Date 2014-04-10
Entity Start Date 1987-03-11
Fiscal Year End Close Date Dec 31

Points of Contacts
Electronic Business
Title PRIMARY POC
Name IAN SANDAGER
Address 460 21ST ST, HILLS, MN, 56138, USA
Government Business
Title PRIMARY POC
Name IAN SANDAGER
Address 460 21ST ST, HILLS, MN, 56138, USA
Past Performance Information not Available

Chief Executive Officer

Name Role Address
Mark Sandager Chief Executive Officer 612 S RED SPRUCE CIR, SIOUX FALLS, SD 57110–8534, United States

Agent

Name Role
Mark Sandager Agent

Filing

Filing Name Filing date
Registered Office and/or Agent - Business Corporation (Domestic) 2011-06-29
Original Filing - Business Corporation (Domestic) 1987-03-25
Business Corporation (Domestic) Business Name (Business Name: KarMar Farms, Ltd.) 1987-03-25

USAspending Awards. Financial Assistance

FAIN Awarding Agency Assistance Listings Start Date End Date Description
11220648 Department of Agriculture 10.055 - DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM 2011-05-23 2011-05-23 DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM: TO PROVIDE INCOME SUPPORT TO ELIGIBLE PRODUCERS OF COVERED COMMODITIES.
Recipient KARMAR FARMS LTD
Recipient Name Raw KARMAR FARMS LTD
Recipient Address 460 21ST ST, HILLS, ROCK, MINNESOTA, 56138-4009, UNITED STATES
Obligated Amount 4218.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
11154165 Department of Agriculture 10.055 - DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM 2011-04-27 2011-04-27 DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM: TO PROVIDE INCOME SUPPORT TO ELIGIBLE PRODUCERS OF COVERED COMMODITIES.
Recipient KARMAR FARMS LTD
Recipient Name Raw KARMAR FARMS LTD
Recipient Address 460 21ST ST, HILLS, ROCK, MINNESOTA, 56138-4009, UNITED STATES
Obligated Amount 626.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
10158120 Department of Agriculture 10.055 - DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM 2010-10-10 2010-10-10 DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM: TO PROVIDE INCOME SUPPORT TO ELIGIBLE PRODUCERS OF COVERED COMMODITIES.
Recipient KARMAR FARMS LTD
Recipient Name Raw KARMAR FARMS LTD
Recipient Address 273 40TH AVE, HILLS, ROCK, MINNESOTA, 56138-4021, UNITED STATES
Obligated Amount 2210.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
9860184 Department of Agriculture 10.055 - DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM 2010-10-10 2010-10-10 DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM: TO PROVIDE INCOME SUPPORT TO ELIGIBLE PRODUCERS OF COVERED COMMODITIES.
Recipient KARMAR FARMS LTD
Recipient Name Raw KARMAR FARMS LTD
Recipient Address 273 40TH AVE, HILLS, ROCK, MINNESOTA, 56138-4021, UNITED STATES
Obligated Amount 14946.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
9460137 Department of Agriculture 10.055 - DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM 2010-04-12 2010-04-12 DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM: TO PROVIDE INCOME SUPPORT TO ELIGIBLE PRODUCERS OF COVERED COMMODITIES.
Recipient KARMAR FARMS LTD
Recipient Name Raw KARMAR FARMS LTD
Recipient Address 273 40TH AVE, HILLS, ROCK, MINNESOTA, 56138-4021, UNITED STATES
Obligated Amount 4218.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
9514908 Department of Agriculture 10.055 - DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM 2010-04-06 2010-04-06 DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM: TO PROVIDE INCOME SUPPORT TO ELIGIBLE PRODUCERS OF COVERED COMMODITIES.
Recipient KARMAR FARMS LTD
Recipient Name Raw KARMAR FARMS LTD
Recipient Address 273 40TH AVE, HILLS, ROCK, MINNESOTA, 56138-4021, UNITED STATES
Obligated Amount 626.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
9399858 Department of Agriculture 10.055 - DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM 2010-03-31 2010-03-31 DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM: TO PROVIDE INCOME SUPPORT TO ELIGIBLE PRODUCERS OF COVERED COMMODITIES.
Recipient KARMAR FARMS LTD
Recipient Name Raw KARMAR FARMS LTD
Recipient Address 273 40TH AVE, HILLS, ROCK, MINNESOTA, 56138-4021, UNITED STATES
Obligated Amount 2836.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page
8711909 Department of Agriculture 10.055 - DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM 2009-10-27 2009-10-27 DIRECT AND COUNTER-CYCLICAL PAYMENTS PROGRAM: TO PROVIDE INCOME SUPPORT TO ELIGIBLE PRODUCERS OF COVERED COMMODITIES.
Recipient KARMAR FARMS LTD
Recipient Name Raw KARMAR FARMS LTD
Recipient Address 273 40TH AVE, HILLS, ROCK, MINNESOTA, 56138-4021, UNITED STATES
Obligated Amount 19164.00
Non-Federal Funding 0.00
Original Subsidy Cost 0.00
Face Value of Direct Loan 0.00
Link View Page

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
8888727105 2020-04-15 0508 PPP 460 21st Street, HILLS, MN, 56138-4009
Loan Status Date 2021-01-07
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 22562
Loan Approval Amount (current) 22562
Undisbursed Amount 0
Franchise Name -
Lender Location ID 25170
Servicing Lender Name Security Savings Bank
Servicing Lender Address 100 S West St, CANTON, SD, 57013
Rural or Urban Indicator R
Hubzone Y
LMI N
Business Age Description Existing or more than 2 years old
Project Address HILLS, ROCK, MN, 56138-4009
Project Congressional District MN-01
Number of Employees 4
NAICS code 111110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 25170
Originating Lender Name Security Savings Bank
Originating Lender Address CANTON, SD
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 22708.65
Forgiveness Paid Date 2020-12-08

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Date of last update: 11 Feb 2025

Sources: Minnesota's Official State Website

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