Ottem Insurance Agency, LLC

$54,830 PPP Loan in Big Lake, Minnesota

Loan Details

Loan Number
4878767104
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$54,830
Current Approval
$54,830
Forgiveness Amount
$55,266
Forgiveness Date
Feb 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ottem Insurance Agency, LLC
Address
25044 184th St Po Box 321
ZIP Code
55309-0321
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524114)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$53,850
Rent
$980

Lender Information

Servicing Lender
Riverwood Bank
Originating Lender
Riverwood Bank

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