Molitor Brothers Farm
$302,000 PPP Loan in Cannon Falls, Minnesota
Loan Details
- Loan Number
- 6194577006
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $302,000
- Current Approval
- $302,000
- Forgiveness Amount
- $304,366
- Forgiveness Date
- Jan 28, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Molitor Brothers Farm
- Address
- 13187 240th St E
- City
- Cannon Falls
- State
- Minnesota
- ZIP Code
- 55009-9102
- Business Type
- Partnership
- Industry (NAICS)
- Agriculture, Forestry, Fishing and Hunting (111998)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 21
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $228,000
- Utilities
- $4,000
- Mortgage Interest
- $52,000
- Debt Interest
- $18,000
Lender Information
- Servicing Lender
- Security Bank USA
- Originating Lender
- Security Bank USA
Other PPP Loans in Cannon Falls, MN
| Business | Approved | |
|---|---|---|
| Ag Partners Cooperative | $5,663,100 |  Research |
| Avalon Express, Inc. | $955,200 | Research |
| Cannon Falls Nursing Rehabilitation LLC | $686,363 | Research |
| Sustane Natural Fertilizer, INC | $360,179 | Research |
| Molitor Brothers Farm | $342,371 | Research |
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