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Polka Dot Dairy, Inc.

$370,800 PPP Loan in Hastings, Minnesota

Loan Details

Loan Number
4763847006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$370,800
Current Approval
$370,800
Forgiveness Amount
$373,694
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Polka Dot Dairy, Inc.
Address
110 East 17th Street
City
Hastings
State
Minnesota
ZIP Code
55033
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424430)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$304,800
Rent
$18,900
Utilities
$3,500
Health Care
$30,400
Debt Interest
$13,200

Lender Information

Servicing Lender
Vermillion State Bank
Originating Lender
Vermillion State Bank

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