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Otte Excavating INC

$126,750 PPP Loan in Randolph, Minnesota

Loan Details

Loan Number
1446318304
Date Approved
Jan 17, 2021
Loan Status
Paid in Full
Initial Approval
$126,750
Current Approval
$126,750
Forgiveness Amount
$127,370
Forgiveness Date
Jul 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Otte Excavating INC
Address
1500 280th St E
City
Randolph
State
Minnesota
ZIP Code
55065-7521
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$126,746
Utilities
$1

Lender Information

Servicing Lender
Castle Rock Bank
Originating Lender
Castle Rock Bank

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