Rotochopper, Inc.
$2,048,800 PPP Loan in Saint Martin, Minnesota
Loan Details
- Loan Number
- 5041597006
- Date Approved
- Apr 4, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,048,800
- Current Approval
- $1,939,309
- Forgiveness Amount
- $1,957,958
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rotochopper, Inc.
- Address
- 217 West St.
- City
- Saint Martin
- State
- Minnesota
- ZIP Code
- 56376-0151
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 108
- Estimated Revenue
- $28.3M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $1,579,309
- Rent
- $100,000
- Utilities
- $60,000
- Health Care
- $200,000
Lender Information
- Servicing Lender
- Stearns Bank National Association
- Originating Lender
- Stearns Bank National Association
Other PPP Loans in Saint Martin, MN
| Business | Approved | |
|---|---|---|
| Muvall Trailer Company | $225,000 |  AI Deep Dive |
| Muvall Trailer Company | $225,000 | AI Deep Dive |
| Lifestyle Lumber INC | $110,382 | AI Deep Dive |
| Mondloch Inc. | $93,151 | AI Deep Dive |
| Paul's Welding & Repair, Inc. | $36,905 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free