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Korson Farms LLC

Company Details

Name: Korson Farms LLC
Jurisdiction: Minnesota
Legal type: Limited Liability Company (Domestic)
Status: Active / In Good Standing
Date formed: 03 Jan 2019 (6 years ago)
Company Number: d4fdb680-910f-e911-916a-00155d0deff0
File Number: 1060222000027
Registered Office Address: 21489 85th St, Stewart, MN 55385–8210, USA
Principal Executive Office Address: 21489 85TH ST, STEWART, MN 55385–8506, USA
ZIP code: 55385
County: McLeod County
Place of Formation: Minnesota

Manager

Name Role Address
RUSSELL KORSON Manager 21489 85TH ST, STEWART, MN 55385–8506, USA

Filing

Filing Name Filing date
Annual Reinstatement - Limited Liability Company (Domestic) 2023-08-03
Administrative Termination - Limited Liability Company (Domestic) 2023-02-02
Amendment - Limited Liability Company (Domestic) (Business Name: Korson Farms LLC) 2019-02-07
Original Filing - Limited Liability Company (Domestic) (Business Name: Korson Farms LLC LLC) 2019-01-03

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6183898510 2021-03-03 0508 PPS 21489 85th St, Stewart, MN, 55385-8506
Loan Status Date 2021-07-22
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 20800
Loan Approval Amount (current) 20800
Undisbursed Amount 0
Franchise Name -
Lender Location ID 38192
Servicing Lender Name FM Bank
Servicing Lender Address 220 E Elm Ave, Waseca, MN, 56093
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Stewart, MCLEOD, MN, 55385-8506
Project Congressional District MN-07
Number of Employees 1
NAICS code 111150
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 36737
Originating Lender Name FM Bank
Originating Lender Address CLARKFIELD, MN
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 20867.81
Forgiveness Paid Date 2021-07-02
5983097209 2020-04-27 0508 PPP 21489 85TH ST, STEWART, MN, 55385-8506
Loan Status Date 2021-03-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 5600
Loan Approval Amount (current) 5600
Undisbursed Amount 0
Franchise Name -
Lender Location ID 38192
Servicing Lender Name FM Bank
Servicing Lender Address 220 E Elm Ave, Waseca, MN, 56093
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description New Business or 2 years or less
Project Address STEWART, MCLEOD, MN, 55385-8506
Project Congressional District MN-07
Number of Employees 1
NAICS code 111150
Borrower Race White
Borrower Ethnicity Not Hispanic or Latino
Business Type Limited Liability Company(LLC)
Originating Lender ID 36737
Originating Lender Name FM Bank
Originating Lender Address CLARKFIELD, MN
Gender Male Owned
Veteran Unanswered
Forgiveness Amount 5634.17
Forgiveness Paid Date 2021-02-16

Date of last update: 05 Feb 2025

Sources: Minnesota's Official State Website