Carrs Tree Service, INC

$2,288,200 PPP Loan in Ottertail, Minnesota

Loan Details

Loan Number
5922687009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$2,288,200
Current Approval
$2,288,200
Forgiveness Amount
$2,315,277
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carrs Tree Service, INC
Address
307 Mn Highway 78
ZIP Code
56571-7013
Business Type
Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561730)
Business Age
Existing or more than 2 years old
Jobs Reported
248
Estimated Revenue
$53.7M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$2,232,600
Utilities
$6,000
Health Care
$43,000
Mortgage Interest
$3,800
Debt Interest
$2,800

Lender Information

Servicing Lender
The First National Bank of Henning
Originating Lender
The First National Bank of Henning

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