Heartland Agriculture, LLC
$3,950,000 PPP Loan in Hutchinson, Minnesota
Loan Details
- Loan Number
- 4651767001
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,950,000
- Current Approval
- $3,950,000
- Forgiveness Amount
- $3,996,522
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Heartland Agriculture, LLC
- Address
- 1180 State Highway 7 East
- City
- Hutchinson
- State
- Minnesota
- ZIP Code
- 55350-1430
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 250
- Estimated Revenue
- $76.6M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $3,555,000
- Rent
- $75,000
- Utilities
- $70,000
- Mortgage Interest
- $250,000
Lender Information
- Servicing Lender
- Dundee Bank
- Originating Lender
- Dundee Bank
Other PPP Loans in Hutchinson, MN
| Business | Approved | |
|---|---|---|
| Hutchinson Manufacturing Holdings, LLC | $4,586,000 |  Research |
| Goebel Fixture Co. | $2,574,600 | Research |
| Goebel Fixture Co. | $2,000,000 | Research |
| Hutchinson Manufacturing Holdings LLC | $2,000,000 | Research |
| Warrior Mfg LLC | $1,767,775 | Research |
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