Theodore Salonek Farms

$23,603 PPP Loan in Montrose, Minnesota

Loan Details

Loan Number
2859187407
Date Approved
May 6, 2020
Loan Status
Paid in Full
Initial Approval
$23,603
Current Approval
$23,603
Forgiveness Amount
$23,805
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Theodore Salonek Farms
Address
11083 Dempsey Ave
ZIP Code
55363-8603
Business Type
Sole Proprietorship
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112111)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$18,000
Rent
$4,000
Mortgage Interest
$1,603

Lender Information

Servicing Lender
Minnesota Lakes Bank
Originating Lender
Minnesota Lakes Bank

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