Klaphake Feed Mill, Inc.

$280,500 PPP Loan in Melrose, Minnesota

Loan Details

Loan Number
4418527003
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$280,500
Current Approval
$280,500
Forgiveness Amount
$282,022
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Klaphake Feed Mill, Inc.
Address
36177 County Road 186
ZIP Code
56352-8104
Business Type
Corporation
Industry (NAICS)
Manufacturing (311224)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$15.2M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$196,700
Rent
$42,150
Utilities
$13,550
Mortgage Interest
$28,100

Lender Information

Servicing Lender
Aspire Bank
Originating Lender
Aspire Bank

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